After ploughing about $2 billion into minority stakes in Indian e-Commerce businesses over the past few years, Japan’s SoftBank is upping the stakes, looking to play consolidator and take a more active role at a trio of leading start-ups. According to sources with direct knowledge of the ma…
Tag: Paytm
Our special area of focus is traditionally underserved micro-entrepreneurs: Capital Float
In a long chat with Rohan Angrish, CTO, Capital Float, here is an understanding of how their online platform reduces the hassles associated with processing working capital requirements for SMEs in India. Edited excerpts: Q: Please tell us about your organization and how it plans to address financ…
Get ready entrepreneurs! SAIF Partners plans to invest in 10 new start-ups
Venture Capital firm SAIF Partners which was the early backer in companies such as MakeMyTrip, Paytm and Swiggy is likely to make at least 8-10 new bets during the current year, according to a top executive. “Historically we must have done 8-10 investments in a year. It will go at the same …
I want every rich Indian to start investing in start-ups: Paytm’s Vijay Shekhar Sharma
43-year old Vijay Shekhar Sharma who runs e-commerce firm Paytm backed by Chinese investors, on Thursday said that India’s traditional business houses should start investing in domestic startups. He added that Indian entrepreneurs need foreign investors largely because of the lack of availa…
Demonetization: A vice or a virtue for start-ups in India
With the stunning move on the 8th of November by the honorable prime minister of India, everyone, be they in media, social media, domain experts, politicians, business houses and of course the common man became part of the conversation, and a stakeholder in the debate on demonetization. One perti…
How SMEs are benefiting from the internet?
In recent past we have seen a surge in internet penetration in India. The reasons are multiple like the ambitious Digital India program, the reducing cost of internet, increase in reach of smartphones and finally Reliance JIO and others providing internet at lower prices to end users. This surely…
SoftBank sets eyes on several Indian start ups; likely to fund Paytm, Big Basket
Mumbai: Japan’s SofBank Group Corp, one of the world’s largest investors in startups, is considering major investments in upcoming Indian entities such as Paytm and online grocer BigBasket. The possibility comes on the heels of talks with Flipkart for a merger with Snapdeal, wherein SoftBank is a…
India’s fintech sector rises to 72 start-ups in last 3 years
Fintech start-ups in the country has seen a large growth in recent times in India. At a time when the government has been aggressively pushing for digital payments and bringing into a formal ID system, increased funding and tax reliefs have pushed such start-ups. There are currently 72 start-ups …
Paytm backs AI & Big Data driven healthtech start-up QorQL
Noida-based online healthcare startup QorQL has secured an undisclosed amount of funding from ecommerce and payments platform Paytm. Commenting on the investment, Sudhanshu Gupta, Vice President, Paytm said, “There is a need in the country for quality care at affordable costs and the sector large…
India’s start-ups see a huge marketing opportunity in the 2017 Indian Premier League
The tenth season of the Indian Premier League (IPL), which will kick off on April 5, is expected to be a sporting extravaganza for cricket aficionados. Just like previous seasons, this year, sensing an opportunity to the grab attention of IPL viewership, startups are in the list of the 14 major s…