One 97 Communications

China

China's Antfin offloads 4% stake in Paytm worth $246 million: report

13 May 2025, 14:10 PM

Antfin, which holds a 9.85% stake in One 97 Communications, has been steadily reducing its holding. In Aug 2023, it transferred around 44% of its Paytm stake to CEO Vijay Shekhar Sharma.

Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

08 May 2025, 15:48 PM

In FY25, revenue from payments services declined 37% yoy to Rs 3,879 crore; financial services revenue down 15% to Rs 1,703 crore.

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

03 Mar 2025, 19:39 PM

An ED investigation reveals that OCL had made foreign investment in Singapore and did not file necessary reporting to RBI for creation of overseas step down subsidiary.

Fintech Highlights

  1. Software engineer held in connection with $44 million CoinDCX crypto hack

  2. PB Fintech revenue slips sequentially to Rs 1348 crore in Q1 FY26

  3. MobiKwik's Q1 FY26 revenue falls 21% yoy amid financial services slowdown

  4. It's official: Euronet acquires CoreCard in stock swap deal for $248 million

  5. Eduvanz co-founder Raheel Shah steps down
  6. Read more news...

AI/Emerging Tech

  1. AI startup Anaconda raises $150 million in Series C led by Insight Partners

  2. India, China fuel Asia’s GenAI app downloads to 684 million in H1 2025

  3. Thinking Machines Lab employees rebuff Meta's offer as high as $1 billion

  4. OpenAI launches study mode in ChatGPT amid brain rot backlash

  5. Skild AI launches general-purpose AI model for multi-purpose robots
  6. Read more news...

Editor's Pick

  1. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  2. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained