Tagged: Arnav Gupta

Indian Regulators to Restrict Payments Companies from Handling More than 30% of Transactions in the Country

December 2, 2020 @ 9:33 pm By Omar Faridi |

Governments across the globe are always trying to create a balance between enabling or supporting tech advancements and innovation while preventing large companies such as Google (NASDAQ:GOOG) and Facebook (NASDAQ:FB) from unfairly using their dominant position to eliminate smaller competitors. India is reportedly planning to… Read More

India’s Largest Mobile Payments Group Paytm to Raise $2 Billion from Ant Financial, Softbank to Expand Operations

October 19, 2019 @ 12:17 am By Omar Faridi |

Paytm, India’s largest mobile payments company, is planning to raise $2 billion from investors including Alibaba’s Ant Financial and Softbank in order to compete with other giant retailers such as Amazon and Walmart, according to sources familiar with the matter As reported by the Financial… Read More

Read more in: Asia, Fintech | Tagged ant financial, Arnav Gupta, india, paytm, softbank, vijay shekhar sharma