Paytm Stages Strong Comeback, Stock Up 40% From Lows
A week can be a long time in politics — and in business. Paytm, which had slumped 40% below its IPO price on…
Category: Startups
NoBroker Becomes India’s Latest Unicorn, Raises Funds At $1 Billion Valuation
One of its best-known startups might’ve stumbled at the stock markets, but India continues to churn out unicorn startups in 2021. NoBroker, which…
Mobikwik Says It’s Delaying Its IPO After Paytm’s Stock Market Debacle
Paytm’s IPO has been a disappointment to Paytm’s employees and investors, but the ripples of the debacle are now being felt across the…
Paytm Provided Returns To Chinese Investors At The Cost Of Indian Investors: BharatPe CEO
Paytm’s horror run at the stock markets has only lasted for two days, but the cracks in India’s startup ecosystem are beginning to…
Paytm’s Shares Again Crash 13%, Company Now Valued Less Than Nykaa
Paytm’s nightmare run at the stock markets has continued into its second day of trade. After its stock had crashed 28% on its…
Ola Delays Deliveries For Its Electric Scooters Once Again, Now To Deliver Them After Mid December
Ola might’ve created a splash with the marketing campaigns for its electric scooters, but it is having a considerably harder time producing them….
Flipkart Enters Online Pharmacy Space, Acquires SastaSundar.Com
The last of India’s e-commerce giants has finally made its online pharmacy play. After Amazon, Reliance and the Tata had all either acquired…
Paytm Is Now Worth Less Than Zomato After Being Worth 10 Times More In 2018
Three years can be a long time in politics — and in business. A day after its IPO, super-app Paytm is now worth…
Paytm Becomes India’s Worst-Performing IPO Since 2011 As Shares Crash 27%
Paytm had created a record with its Rs. 18,300 crore public offer, which was the largest in the history of Indian stock markets….