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Jack Ma-backed Ant Group to reduce stake in Vijay Shekhar’s Paytm

by AIP Online Bureau | Feb 25, 2023 | Eco/Invest/Demography, Technology

The deliberations follow Ant affiliate Alibaba Group Holding Ltd.’s sale of its stake in Paytm, as the e-commerce giant pared back investments in India amid growing geopolitical tensions. Ant’s sale would be for technical and not political reasons, the people added...

Paytm in collaboration with HDFC ERGO launches insurance for digital transaction up to Rs 10,000

by AIP Online Bureau | Dec 19, 2022 | Indian News, Non-Life, Technology

This product is expected to further enhance the trusted digital payments experience and increase the adoption of the same in India. With the new insurance offering, which will come at a cost of Rs 30 per annum, users would be able to secure themselves against mobile...
Paytm’s billionaire CEO faces biggest test since IPO Dud

Paytm’s billionaire CEO faces biggest test since IPO Dud

by AIP Online Bureau | Aug 19, 2022 | Eco/Invest/Demography, Indian News

Vijay Shekhar Sharma, CEO, Paytm’ Shareholders should vote against Sharma’s reappointment, and the board must bring in a professional to the role, Institutional Investor Advisory Services India Ltd. said last week. Before listing, Sharma, on several instances,...
Paytm’s billionaire CEO faces biggest test since IPO Dud

Paytm forms general insurance JV without any external partner; to invest Rs 950 cr in 10 years

by AIP Online Bureau | May 21, 2022 | Indian News, Non-Life, Technology

Vijay Shekhar Sharma, managing director, One97 Communications Initially, One97 Communications (OCL) will hold a 49 per cent stake in PGIL while the rest 51 per cent stake is to be owned by OCL’s managing director Vijay Shekhar Sharma-led VSS Holding Private...
Paytm’s billionaire CEO faces biggest test since IPO Dud

Paytm drops plans to acquire Raheja QBE General, to file for a new general insurance license

by AIP Online Bureau | May 16, 2022 | Indian News, Non-Life, Regulation

Vijay Shekhar Sharma, founder and CEO, Paytm The company in the exchange filing said, ”Our associate company, Paytm Insuretech Private Limited, had entered into a share purchase agreement to acquire 100% of Raheja QBE General Insurance Company Limited. As the...
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