Two Independent Board Directors Have Quit Crisis-Hit Paytm Payments Bank
Even as Paytm Payments Bank has been flung into turmoil following severe restrictions placed by RBI, two of its independent board directors have…
Category: Startups
42% Of Kirana Shops Have Switched From Paytm To Other Apps Following RBI Curbs: Report
Paytm has been running from pillar to post following RBI’s curbs on Paytm Payments Bank, issuing press releases, meeting RBI representatives, and even…
ED Likely To Investigate Paytm Over Non-Compliances: Report
While Paytm isn’t currently being investigated by the ED, there are now reports that such an investigation could be in the offing. The…
Ola Investor Values It At $1.88 Billion, Down 75% From Peak Of $7.3 Billion
Bhavish Aggarwal might have created India’s fastest-ever unicorn in Krutrim AI just last month, and Ola Electric could soon go public, but his…
Jio In Talks To Acquire Paytm’s Wallet Business, Stock Jumps 16%
Even as Paytm’s stock has been cratering at the stock markets, the shares of a rival are moving in the opposite direction. Jio…
Paytm Bank Had Over 1000 Users With Same PAN, RBI Had Alerted ED About Money Laundering
The restrictions placed on Paytm Payments Bank by the RBI have stunned its users, investors, and the broader stock markets, but it appears…
Byjus’ American Unit Files For Bankruptcy Amid Fund Crunch
The Byju’s story appears to be unravelling in India, and its foreign entities aren’t faring much better. Byjus’ American arm has filed for…
Zoho Reports Record Profit Of Rs. 2,836 Crore In FY23
Even as India’s startup ecosystem battles valuation markdowns and layoffs, one of its legacy profitable names continues to chug along as usual. Zoho…
Byju’s Investors Call EGM To Remove Founder Byju Raveendran, Change Board
Even as Byju’s is staring at brink after a 99% drop in valuation, a coup might be afoot at the beleaguered ed-tech company….