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Exclusive: Paytm gets in-principle approval from RBI to operate as payment aggregator

Exclusive: Paytm gets in-principle approval from RBI to operate as payment aggregator

12 Aug 2025, 20:46 PM

The approval comes barely a week after Ant Group's Antfin, backed by Chinese giant Alibaba, offloaded its entire 5.84% stake in Paytm.

Exclusive: Former PayU CBO Sudhir Sehgal joining Paytm, say sources

Exclusive: Former PayU CBO Sudhir Sehgal joining Paytm, say sources

05 Jun 2025, 10:54 AM

Sudhir Sehgal is set to join Paytm Payments Services Limited as Chief Operating Officer.

Exclusive: Paytm’s payment aggregator unit fires all senior executives

Exclusive: Paytm’s payment aggregator unit fires all senior executives

04 Apr 2025, 15:08 PM

Nearly 10-15 senior executives—at the AVP, VP, and SVP levels—have been let go from Paytm Payments Services Limited, which is still awaiting its final PA licence from the RBI.

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Fintech Highlights

  1. Pine Labs' Navin Chandani resigns as President, CBO of issuing biz

  2. Razorpay partners with OpenAI to bring payments to Codex

  3. Dhan's parent to acquire wealthtech startup Infinyte Club

  4. Antler-backed Covrzy rejects two M&A offers, opts to shut down

  5. Fino Payments Bank's compliance chief Aashish Pathak steps down

  6. Read more news...

AI/Emerging Tech

  1. Agentic AI startup Xccelera bags funding from angel investors

  2. InsideFPV executes Rs 10 crore defence contract to supply indigenous drones

  3. Spacetech startup SatLeo Labs bags seed funding led by Unicorn India Ventures

  4. OpenAI raises $122 billion at post-money valuation of $852 billion

  5. IndiaAI Mission CEO Abhishek Singh to move from MeitY to NTA as Director General

  6. Read more news...

IPO Tales

  1. Shiprocket IPO: A profitable core, costly emerging bets

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

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

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

  5. Read more news...

Money & Machines

  1. 'Guilty, until proven innocent'; The ARR illusion

  2. Rishi Gupta is out on bail. What next?; The cost of frivolous AI use

  3. Fintechs' Dubai Dream; Founders' AI Second Act

  4. A CEO arrested, hearing delayed; Sarvam's AI pitch

  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet

  5. Read more news...

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

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