Tarush Bhalla
Stories by Tarush Bhalla
Paytm’s GMV doubles in Sept quarter amid festival spending in India
Monthly transacting users grew 35% YoY to 63 million in October.
India: IPO-bound Ola hires new heads for fin and electric biz
Ola roped in PV Harinarayan as the vice president of lending at Ola Financial Services.
Flipkart-owned fashion marketplace Myntra sees more top-level attrition
CFO Ramesh Bafna and chief marketing officer Harish Narayanan have quit, weeks after CEO Amar Nagaram resigned.
SoftBank may invest up to $10b in India next year, says CEO Rajeev Misra
Paytm, one of SoftBank’s biggest Indian bets, concluded its IPO, with investors bidding for nearly twice the shares on offer.
Deal with food aggregator Zomato turns Curefit into unicorn
Zomato now plans to explore synergies with Curefit, as it looks to ramp up its health food play.
India’s Good Glamm turns unicorn after $150m funding led by Prosus, Warburg Pincus
The company also sold secondary shares worth $10 million during the funding round.
India’s Paytm raises $1.1b from anchor investors ahead of IPO
Top investors included Blackrock, Canada Pension Plan Investment Board and GIC.
Indian cab aggregator Ola posts first annual operating profit ahead of IPO
Ola is looking to raise $1.5-2 billion from its IPO next year.
India’s Paytm said to raise $1.1b from GIC, BlackRock, others as part of IPO
Participating investors also include CPPIB and a few sovereign wealth funds.
India: Paytm founder to invest in insurance business from IPO proceeds
The investment into Paytm Insurtech will be made through Sharma’s investment vehicles.
