News
Flipkart’s in-house brands get Make in India Tag

Flipkart’s in-house brands get Make in India Tag

10th, June 2019

Walmart-owned Flipkart has moved a substantial proportion of its manufacturing and sourcing for inhouse brands from China and Malaysia to India over the past year, helping to cut costs and comply with the government’s Make in India initiative. That’s helped Flipkart reduce prices of private labe

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News
Patym get more in UPI merchant payment segment with 60% share

Patym get more in UPI merchant payment segment with 60% share

10th, June 2019

Digital payments firm Paytm on Monday said it enabled seven crore UPI-based merchant transactions out of the total 12 crore transactions in the country in May 2019. The firm has also enabled its 1.2 crore partner merchants so far to accept payments through Paytm BHIM UPI. "The platform clocked over

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News
Mastercard and Payswiff partner to boost digital payments in Tier II and III cities

Mastercard and Payswiff partner to boost digital payments in Tier II and III cities

10th, June 2019

Mastercard and Payswiff on Monday announced that they have signed a partnership to boost digital payments solutions beyond the top eight cities of the country, aimed at speeding up acceptance and adoption of digital payments in India.They will provide app, services and support in regional languages,

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News
OYO to raise new funding round at $1 Billion valuation

OYO to raise new funding round at $1 Billion valuation

11th, June 2019

Oyo Hotels & Homes is in talks for a fresh round of funding, which is likely to see the seven-year-old startup’s valuation hit the $10-billion mark. This will make it one of the most valuable new-economy ventures from the country, according to three sources familiar with the development. The G

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