Paytm partners with Shriram Finance to strengthen its loan distribution biz
Now, Shriram Finance products will be available on Paytm's platform30-06-2023
Paytm partners with Shriram Finance to strengthen its loan distribution biz
Now, Shriram Finance products will be available on Paytm's platformOne 97 Communications Ltd - 543396 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We are enclosing herewith the press release titled "Paytm partners with Shriram Finance Limited, strengthens its loan distribution business to drive credit inclusion" which will be disseminated shortly.One 97 Communications Ltd - 543396 - Closure of Trading Window
Pursuant to provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company''s Code of Conduct to regulate, monitor and report trading by Designate Persons and their immediate relatives, the Trading Window for dealing in the securities of the Company, by the Designated Persons and their immediate relatives, shall remain closed from July 01, 2023. The trading window will reopen 48 hours after the announcement of the financial results of the Company for the quarter ended June 30, 2023. This disclosure will also be hosted on the Company''s website viz. www.paytm.com.Surging Indian internet stocks trounce China peers
An equal-weighted custom index of India's five flagship Internet stocks including Paytm parent One 97 Communications Ltd. and Zomato Ltd. has risen more than 20% in 2023, bolstered by the firms' focus on profitability and a buzzing economy.Paytm can add 15 mn new customers for soundbox devices in next 2-3 years
Company has first-mover advantage in this space, but the competition is getting aggressive tooWalmart-backed PhonePe launches merchant lending services
In April, PhonePe kicked off its digital lending pilots for merchants and the company said that it will launch it officially soon, a move that will be a shot in the arm for the fintech decacorn, putting it in direct competition in the lending space with its largest rival PaytmPaytm share price may see 17% upside; BofA Securities raises target to 1,020 apiece
BofA Securities expect Paytm's momentum in high margin lending and Soundbox business to remain good for at least next 3-4 quarters and sees upside risks to consensus estimates.Paytm inks MoU with Arunachal Pradesh for creating startup ecosystem
: Paytm Payment Services Limited (PPSL) on Thursday signed an MoU with Arunachal Pradesh Innovation and Investment Park (APIIP) to create a startup ecosystem for the youth in the northeastern state, officials said. According to the MoU, Paytm Incubation Centre will provide its product to early-stage startups at a discounted price and offer free credits through the Paytm Startup toolkit to aid the business ventures of youths in their early stage of growth. This will nurture the startup ecosystem in the state and motivate the young entrepreneurs, an official communiqu informed here. The MoU was signed at the Arunachal Pradesh Innovation & Investment Park, the first state-owned marquee incubator here in the presence of its CEO Tabe Haidar. "We are happy to partner with the government of Arunachal Pradesh in its journey to create a vibrant startup ecosystem. At the Paytm Incubation Centre, we strive to catalyse the startup ecosystem in India and help young entrepreneurs gain new user .Paytm leads $6 billion stock rally as Indian startups seek redemption
Shares of Paytm parent One 97 Communications Ltd. have surged 69%, adding more than $2.7 billion in market value, after it improved its profitability ahead of schedule