India Insurance Startup Raises Funds at $650 Million Valuation October 11, 2023 By Sankalp Phartiyal Indian startup InsuranceDekho has raised $60 million in Series B funding, driving the online insurance seller’s valuation to more than...
India’s Paytm Tumbles in Market Debut, as Investors Question Lack of Profits November 18, 2021 By Nupur Anand and Sankalp Phartiyal MUMBAI – Indian digital payments firm Paytm tumbled 25% on its maiden day of trade on Thursday, with investors questioning...
Paytm’s IPO Oversubscribed but Doesn’t See Blow-out Demand From Investors November 15, 2021 By Vishwadha Chander, Chris Thomas and Sankalp Phartiyal BENGALURU – Paytm’s $2.5 billion initial public offering (IPO), India’s largest, was oversubscribed at the close of bidding on Wednesday,...
Fintech Paytm Gets Regulatory Nod for India’s Biggest Ever IPO: Source October 22, 2021 By Sankalp Phartiyal NEW DELHI – Indian fintech firm Paytm has received approval from the capital markets regulator for its $2.2 billion stock...
With Insurance and Gold, Amazon’s Pushing to Make India Its Fintech Center September 2, 2020 By Sankalp Phartiyal and Nupur Anand NEW DELHI/MUMBAI — Amazon.com Inc. has added insurance and even gold to its menu of financial services in India, to...
Facebook’s WhatsApp to Expand Indian Partnerships to Offer Pensions, Insurance July 24, 2020 By Sankalp Phartiyal Facebook Inc.’s WhatsApp plans to team up with more Indian lenders to expand banking services in rural areas and for...
India’s New Web Rules Address Data Privacy, Commercial Liability February 26, 2019 By Aditya Kalra and Sankalp Phartiyal India outlined a new draft policy for its burgeoning e-commerce sector on Saturday, focusing on data localisation, improved privacy safeguards...
Google Partners with Indian Banks to Attract Users to Its Digital Payments Services August 29, 2018 By Sankalp Phartiyal Alphabet Inc’s Google said on Tuesday it is partnering with a handful of Indian banks to bring quick loans to...
Berkshire Invests $356M in One97, Parent of India’s Biggest Digital Payments Firm August 28, 2018 By Trevor Hunnicutt, Sankalp Phartiyal and Kane Wu Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm,...