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Paytm May Acquire Discovery App Little

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Paytm Acquire Discovery App Little,Discovery Platform Little,founders of Little,SAIF Partners,Paytm Mall,Paytm Latest News,Paytm New Updates,Startup Stories,2017 Latest Business News

The digital payments platform Paytm owned and operated by One97 Communications Ltd., is reportedly in talks with investee firm Little Internet Pvt., Ltd., for a potential acquisition. Little Internet Pvt. Ltd., runs the deal discovery platform Little.

VCCircle reported, according to two sources close to the development, the digital wallet Paytm has already had early stage talks with the founders of the discovery platform, Manish Chopra and Satish Mani. The founders of Little, according to the report, did not agree to Paytm’s initial offer. Neither Paytm, SAIF Partners nor Little Internet Pvt., Ltd., have responded to queries regarding the talks.

Paytm and venture capitalist SAIF Partners invested $ 50 million in the startup two years ago to become major investors. According to the sources, SAIF Partners was playing a key role in the negotiations for the potential acquisition. Venture capital firm Tiger Global along with Singapore’s GIC are the other investors in the company.

The discovery app Little is a pioneering app for deals in the burgeoning Online to Offline (O2O) space that lets users access the best deals on restaurants, movies, last minute hotels, weekend gate away, salons, gyms, health care and spas. The company boasts of providing over 50,000 live deals from over 11000 merchants. The app is currently available on Android, iOS and Windows devices.

Paytm has started an expansion drive in recent times after Japan’s SoftBank invested $1.4 billion in the company in May this year. This investment has helped the digital platform advance its leadership in the country’s digital payment ecosystem. This acquisition will also help Paytm accelerate its mobile commerce and transactions and empower Paytm’s deal platform.

Recently, Paytm’s ecommerce arm Paytm Mall was planning to invest $ 35 million in its technology and logistics infrastructure to strengthen their logistics network. The company has backed 25 startups till date such as mobile data analytics venture Mobiquest, curated events platform Insider.in and Noida based health tech startup QorQL.

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D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes

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Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.

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Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.

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Centre Mulls Revoking X’s Safe Harbour Over Grok Misuse

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The Centre is weighing the option of revoking X’s safe harbour status in India after its AI chatbot Grok was allegedly misused to generate and circulate obscene and sexually explicit content, including material seemingly involving minors. The IT Ministry has already issued a notice to X, directing the platform to remove unlawful content, fix Grok’s safeguards, act against violators, and submit a detailed compliance report within a tight deadline. If the government finds X’s response inadequate, it could argue that the platform has failed to meet due‑diligence standards under Indian law, opening the door to harsher action.​

Under Section 79 of the IT Act, safe harbour protects intermediaries like X from being held directly liable for user‑generated content, provided they follow due‑diligence rules and promptly act on legal takedown orders. Revoking this protection would mean X and its officers could be exposed to criminal and civil liability for obscene, unlawful, or harmful content that remains on the platform, including AI‑generated images from Grok. This prospect significantly raises X’s compliance risk in India and could force tighter moderation, stricter AI controls, and more aggressive removal of flagged posts.​

The Grok episode also spotlights the regulatory grey zone around generative AI, where tools can create harmful content at scale even without traditional user uploads. Policymakers are increasingly questioning whether AI outputs should still enjoy the same intermediary protections as conventional user posts, especially when they involve women and children. How the government ultimately proceeds against X over Grok misuse could set a precedent for AI accountability, platform responsibility, and safe harbour interpretation in India’s fast‑evolving digital ecosystem.

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How Pronto Is Redefining 10-Minute Home Services in India with a $25 Million Fundraise

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Home services startup Pronto is in advanced talks to raise about $25 million at a near-$100 million valuation, underscoring strong investor confidence in India’s fast-growing 10-minute home services market. This potential round would be the company’s third major funding milestone after its $2 million seed and $11 million Series A in 2025, backed by marquee investors such as General Catalyst, Glade Brook Capital, Bain Capital and new participant Epiq Capital. The fresh capital is expected to further strengthen Pronto’s positioning as a leading tech-led household help platform for urban consumers.​

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The upcoming $25 million fundraise is expected to be used to enter more metros, deepen presence in existing neighbourhoods with additional hubs and upgrade Pronto’s technology for smarter routing, shift planning and real-time operations. A significant portion of the capital will also go into training, retention and benefits for its workforce to maintain consistent service quality at scale, especially as competition heats up from rivals like Snabbit and Urban Company in the rapid home services space. This near-$100 million valuation not only validates Pronto’s model but also highlights a broader shift toward organised, tech-driven domestic-help solutions in India’s largely informal home-services market.​

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