Alibaba along with Paytm Mall is all set to acquire around 35% – 40% stake in hyperlocal grocery delivery startup BigBasket against an investment of $300 Mn. As per recent reports, the deal is ...

Alibaba’s affiliate had sold nearly 3 ... The average price paid by SVF India Holdings (Cayman) Limited to acquire a share of Paytm has not been disclosed as it was not selling any shares during ...

Additionally, it acquired a Bengaluru ... under the name Paytm Mall, Paytm's e-commerce arm secured substantial funding in 2018, attracting investments from Alibaba and SoftBank.

Paytm's stocks saw a sharp downside movement after a block deal that took place where 259,930 shares were sold. Sources have confirmed that Chinese group Alibaba is behind the block deal.

In 2017, Paytm acquired a majority stake in online ticketing and events startup Insider.in for nearly $5.42 Mn (INR 35 Cr). A year later, it acquired Alibaba-owned ticketing platform TicketNew to ...

Paytm acquired the two companies in 2017. Ankur Warikoo, the founding CEO of Groupon India, started the business in 2011. In 2015, Warikoo and the core management team of Groupon India bought the ...

February 10, 2023 Alibaba exits India's Paytm, selling shares for $167 mln China's Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about 13.78 billion rupees ...

“Once a customer is acquired ... to Alibaba recently and, therefore, one can’t overlook such facts,” says Agarwal of Rockstud Capital. Moreover, Sharma, the public face of Paytm for years ...