For more than a decade, China has limited how foreign tech firms that operate inside its borders do business. The world’s largest internet market has used its Great Firewall to block Facebook, Twitter, Google and other services in the name of preserving its cyber sovereignty. The walled-garden...

Paytm, India’s most valuable startup, and its co-founder and chief executive, Vijay Shekhar Sharma, announced on Monday they have reached an agreement to acquire general insurer Raheja QBE for a sum of $76 million as the financial services startup looks to tap the nation’s booming insurance...

Google said on Thursday it plans to offer crediting feature to millions of merchants in India through its Google Pay app starting later this year as the American technology group looks to help small businesses in the country steer through the pandemic and also find a business model for its mobile...

Rapyd, a global fintech company, has released its 2020 Asia Pacific eCommerce and Payment Study that analysed the financial habits, payment methods, considerations and preferences of consumers in seven countries in the region. The report, which was conducted in March and April 2020, uncovered how...

Vijay Shekhar Sharma, founder and chief executive of India’s most valuable startup, Paytm, posed an existential question in a recent press conference. “What do you think of the commercial model for digital mobile payments. How do we make money?” Sharma asked Nandan Nilekani, one of the key...

The Asia-Pacific region has taken over this Silicon Valley phenomenon   By Sharon Lewis   Unicorns were mythical, until Aileen Lee made them real. She used the term in 2013 to label US software startups that were valued at US$1 billion or above. At that […] The post 10 Southeast Asian Unicorns...

Last year was a rollercoaster ride for the Indian startup ecosystem. Grand acquisitions, record deal value, and several new Unicorns have shown that startups in India have what it takes to succeed amidst political and economic turmoil. Disruptive and innovative ideas emerged as the real winners and...

BharatPe secured $75 million through a Series C funding round led by investors Ribbit Capital and Coatue Management. BharatPe aspires to scale new heights and take on the competition with the freshly raised funds. The company also plans to expand its Non-banking Financial Company (NBFC) wing that...

Leading Indian FinTech brand PayTm is again in the limelight these days. This time it is in the news for yet another massive funding round.  Paytm has raised US$660m from … The post Paytm Raises US$ 660M In Yet Another Funding Round appeared first on AsiaTechDaily - Asia's Leading Tech and...

India's leading digital payment gateway Paytm received equity finance from a group of investors involving the present shareholders like Ant Financial and Softbank Vision Fund which was declared by One97 … The post Paytm Secures Massive US$1B funding from Softbank and Others appeared first on...