Paypay

Paytm sells stake in Japan

Paytm sells stake in Japan's PayPay to SoftBank for Rs 2364 crore

07 Dec 2024, 23:38 PM

One97 Communications Singapore (Paytm Singapore), has approved sale of stock acquisition rights (SARs) held in PayPay Corporation for Rs 2,364 crore.

Paytm board approves stake sale in Japanese payments firm PayPay

Paytm board approves stake sale in Japanese payments firm PayPay

07 Dec 2024, 02:19 AM

Paytm entered the Japanese market in 2018 through a partnership with PayPay Corporation, a joint venture between SoftBank and Yahoo Japan.

Who Reads Us

Fintech Highlights

  1. Paytm approves fresh grant of 1.24 lakh ESOPs worth Rs 16.6 crore

  2. Payment infra startup Mylapay bags $1 million from CDM Capital, others

  3. Mirae Asset Venture India appoints Puneet Kumar as CEO

  4. Knight Fintech raises Series A funding led by Accel

  5. Arya.ag raises Series D funding from GEF Capital Partners
  6. Read more news...

AI/Emerging Tech

  1. Meta to acquire Chinese founded AI startup Manus

  2. Flipkart acquires majority stake in AI startup Minivet AI

  3. Amazon in talks to invest $10 billion in OpenAI

  4. OpenAI upgrades ChatGPT model within a month as competition from Google intensifies

  5. India proposes AI companies to pay royalties for using copyrighted work
  6. Read more news...

IPO Tales

  1. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  2. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO
  5. Read more news...

Money & Machines

  1. Visa's utility shift; an AI bet that isn't accidental

  2. A payments scare and an AI funding reality check

  3. ONDC confused me for years — now AGI is confusing everyone

  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar