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SoftBank is still losing money

Team YS ( ) First, layoffs. Then, no hikes.In the latest cost management measure, tech giant Microsoft will not raise pay for...

ONDC logs over 25,000 orders a day; says product-related complaints negligible

Sowmya Ramasubramanian ( ) The Open Network for Digital Commerce (ONDC) is seeing growth in terms of ecommerce order volume with more...

Paytm’s AI Opportunity: Vijay Shekhar Sharma’s Vision for Artificial Intelligence Integration

Nucleus_AI ( ) Paytm, one of India's leading digital payment platforms, is setting its sights on pioneering the integration of Artificial General...

Hyperlocal startup magicpin is delivering over 3 lakh orders a month on ONDC

Pooja Malik ( ) Local shopping and saving platform Magicpin is fulfilling more than 10,000 orders per day on Open Network For...

Fintech funding fell 55% in March quarter; Y Combinator, LetsVenture top investors: Tracxn

Sowmya Ramasubramanian ( ) Funding in fintech startups plunged 55% in the January-March quarter of 2023 from the same period last year,...

UPI transactions rose 15% in March: NPCI

Team YS ( ) The number of transactions done through the Unified Payments Interface (UPI) rose 15% to 858.5 crore in March...

Paytm Payments Bank wallets can now be used across UPI QRs, online

Aparajita Saxena ( ) Paytm Payments Bank  said its 100 million-plus users can now use their wallets to make payments to...

Startup news and updates: daily roundup (March 27, 2023)

Pooja Malik ( ) upGrad introduces ChatGPT fundamentals upGrad has introduced ChatGPT fundamentals into select course curriculums and internal academic processing to...

Paytm’s Parent receives extension for payment aggregator license application

Sayan Sen ( ) One97 Communications, the parent company of Paytm Payment Services Ltd (PPSL), stated that the Reserve Bank of India...

Indian women motorcyclists on full throttle

Team YS ( ) Hello,It seems like Paytm is finally catching a break.One97 Communications, parent company of the fintech giant, saw its...

NPCI extends market cap deadline for third-party UPI apps by another two years

Team YS ( ) In a big relief to leading fintech players like PhonePe and Google Pay on the UPI platform, the...

Paytm shares up ~5% as brokerages turn bullish after management highlights “large” growth opportunity

Aparajita Saxena ( ) Shares of fintech giant Paytm were up nearly 5% in afternoon trading following an analyst meeting in Mumbai...

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