The ministry of commerce and industry said in a statement on 26 February that the Department for Promotion of Industry and Internal Trade (DPIIT) and digital payments company Paytm have inked a memorandum of understanding (MoU) to promote innovation and quicken the expansion of fintech and manufacturing startups in India.
The Central Goods and Services Tax (CGST) Department has penalised the fintech business Paytm and its CEO, Vijay Shekhar Sharma, for allegedly failing to issue tax bills to its clients in a compliant manner. Sharma was penalised INR 59.94 lakh for the penalty, while One97 Communications, the company that
As the Vijay Shekhar Sharma-led fintech giant Paytm seeks to grow and monetise its tech-enabled payments and financial services in global markets, it intends to establish three new companies through its subsidiary Paytm Cloud Technologies in the United Arab Emirates, Saudi Arabia, and Singapore. The company stated in an exchange
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In our daily lives, making bill payments and transactions used to rely solely on handling cash. Nonetheless, the shortcomings of cash-based techniques have been brought to light by the changing needs of the market and the move towards digital transactions. Enter Paytm, an innovative digital payment app that has been
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A unicorn is a privately held startup with a valuation of $1 billion or above. This financial milestone raises these companies in the eyes of investors, entrepreneurs, and the general public, as only a few companies achieve such high valuations before going public or being acquired. Unicorns have a remarkable
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The Indian startup circuit has witnessed many astounding stories. The growth of many multinational companies has added to its worth and value as an ecosystem where everyone gets an opportunity to shine and rise. With the new era approaching, it is time to have a sneak peek into one of
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With the evolving digital platforms, the world is growing as well. And so the business industries, several startups and established businesses are shifting completely to digitalization. Digital media is providing all kinds of features and facilities for businesses to develop enormously. In fact, many business owners have made digital their
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Our India stands as the second-largest population in the world with a rapidly thriving economy over the past few decades. Before India's Independence, agriculture played a vital role in developing the economy. Following the 21st century, we have witnessed numerous entrepreneurs arising in every corner of India with
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Angel investors are sometimes marked as Private investors or Seed Funders. Though known by different names, their main aim is to invest in startups or new ventures, thereby helping them to grow and create a presence in this dynamic environment. If you are looking to get an insight about Angel
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Indians are fixated on the startup culture. People are choosing entrepreneurship over mundane, 9-to-5 jobs. However, not everyone succeeds as an entrepreneur. A survey revealed that approximately 11% of the Indians are engaged in 'early-stage entrepreneurial activities'. And only 5% of these early-stage entrepreneurs actually went on to
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2020 has been a terrible year for all of us financially. People lost their jobs, business went into loss and many shops ended up with unsold and wasted products. While the middle class managed the crisis by cutting down expenditures, top entrepreneurs across the country are forced to do the
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Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Paytm. Love shopping right? Want things branded? Always want to follow the trend? Online shopping is a process of buying and selling which helps consumers