Paytm News, Updates & Promos

[Sushubh]

Redirecting

 

[Jonas]

Is Paytm really that profitable of a company?

 

[Smh]

Ipo is like the final lvl of startup ponzi scheme.

Paytm is a brand and can monetize its users in the long run. They have too many things to offer but don't know how much is profitable right now.

 

[Jonas]

My friends working at manager positions still consider it a 'start up'. And are well aware that the company's future is still questionable.

 

[Sushubh]

Paytm get the go-ahead for Rs 16,600Cr IPO from shareholders

Gurugram-based fintech startup Paytm will likely release its draft red herring prospectus (DRHP) later this week.

yourstory.com

 

[Sushubh]

Source

 

---

[Sushubh]

EXCLUSIVE Ex-director seeks to stall $2 bln Paytm IPO, company calls it harassment

Paytm's $2.2 billion IPO is facing an unusual hurdle - a 71-year-old former director has urged India's markets regulator to stall the offering, alleging he is a co-founder who invested $27,500 two decades ago but never got shares.

www.reuters.com

 

[Sushubh]

Paytm gets SEBI nod for Rs 16,600-crore IPO

The issue worth Rs 16,600 crore ($2.2 billion) comprises a fresh issue of equity shares of the face value of Rs 1 each, aggregating to Rs 8,300 crore and the offer for sale by the existing shareholders, aggregating to Rs 8,300 crore.

www.businesstoday.in

 

[Sushubh]

Mobile payments firm Paytm kicks off India's biggest IPO

India's biggest-ever initial public offering opens Monday with digital payments platform Paytm looking to raise nearly $2.5 billion, in what has already been a record year for share listings.

uk.finance.yahoo.com

 

[Sushubh]

Despite Paytm’s lackluster listing, Chinese investors Ant Financial, Alibaba make $1 bn

Japanese investment vehicle, Softbank too made $400 million with a post IPO stake at 16%. Elevation Partners, one of the earliest backers of Paytm, sold shares worth $400 million with a post IPO stake at 15%.

www.businesstoday.in

 

[socrates]

Paytm founder arrested for ‘ramming’ DCP’s car, granted bail

According to an FIR filed in connection with the case, a Jaguar Land Rover, allegedly being driven by him, had hit the vehicle of DCP (South district) outside The Mother’s International School on Aurobindo Marg.

indianexpress.com

 

[mikrotik]

I wonder why he was not charged with Hit and Run?

 

[socrates]

Paytm Payments Bank asked to appoint IT auditor on RBI’s terms

On March 11, the RBI said it had asked the payments bank to stop onboarding customers. The regulator also ordered a comprehensive IT system audit. This is the second such ban on a prominent banking institution in the last two years.

www.moneycontrol.com

 

[mikrotik]

Looks like hafta nahi gaya

 

[socrates]

Paytm Payments Bank denies report claiming it leaked data to Chinese firms

The Reserve Bank of India barred Paytm Payments Bank from taking on new customers last week because it allowed its data to flow to servers that were sharing information with China-based entities, Bloomberg reported on Monday.

www.businessinsider.in

The Reserve Bank of India barred Paytm Payments Bank from taking on new customers last week because it allowed its data to flow to servers that were sharing information with China-based entities, Bloomberg reported on Monday.🥺🥺