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SoftBank To Invest $ 500 Million In Paytm Mall

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SoftBank Invest In Paytm Mall,Startup Stories,2017 Business New Updates,SoftBank Business Updates 2017,SoftBank Talks with Paytm Mall,Paytm Mall Latest News,SoftBank Invest Money in Paytm Mall,Online Marketplace Paytm Mall,SoftBank Potential Investment in Paytm Mall,Paytm Mall and Softbank Business Plan

SoftBank, the Japan based venture capital firm, is reportedly in talks to invest $ 500 million in the online marketplace Paytm Mall. According to a news daily, Paytm Mall and SoftBank have already held initial talks for a $ 500 million to $ 600 million financing round.

SoftBank may lead this funding round with an investment of $ 300 million in the ecommerce venture operated by Paytm ECommerce Pvt., Ltd. Till date, SoftBank holds close to 20% stake in One97 Communications which runs the digital payments arm Paytm as well as Paytm Mall. Chinese etailing giant Alibaba also holds a majority stake (over 50% ) in the company.

The Times of India reported a source close to the discussions saying, “The funding proposal is yet to be discussed with the company board. However, there (sic) are informal commitments that have come through from investors. They still need to set a valuation for the transaction as the initial capital from Alibaba and SAIF was an internal round.

Reports also surfaced last month hinting the online retail platform Paytm Mall had initiated discussions to raise Rs. 3,000 to Rs. 4,000 crores in fresh funding by the end of this year to compete with Flipkart and Amazon. However, Paytm has not responded to the rumors while SoftBank said the company “does not comment on speculations”.

Earlier this year SoftBank invested a whopping $ 2.4 billion in Flipkart via its Vision Fund. Nevertheless, according to sources, SoftBank’s potential investment in Paytm Mall will not have any conflict of interest with Flipkart because Paytm Mall differentiates itself as a platform that helps bring offline retailers online. 

Paytm Mall also received $200 million from majority investor Alibaba and venture capital fund SAIF Partners in August this year. Alibaba and its affiliate Ant Financial’s stake in Paytm E-Commerce Pvt., Ltd., increased from 40% to 62% post this round of investment. The company was also planning to invest $ 35 million in its technology and logistics infrastructure to strengthen its position in the ecommerce market.  

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Google’s Iconic ‘G’ Logo Gets First Update in 10 Years

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Google has refreshed its iconic ‘G’ logo for the first time in nearly 10 years, replacing the familiar solid blocks of red, yellow, green, and blue with a smooth, vibrant gradient that blends these colors seamlessly. This subtle update gives the logo a softer, more fluid, and modern appearance, aligning with Google’s evolving digital identity and current design trends.

The new gradient transitions smoothly from red to yellow, yellow to green, and green to blue, making the logo more visually appealing and adaptable across various devices, especially on mobile platforms. This redesign also reflects Google’s growing emphasis on artificial intelligence, echoing the gradient style used in the branding of Google Gemini, the company’s AI-generative assistant.

The updated ‘G’ logo has started rolling out on iOS through the Google Search app and on some Android devices, particularly Pixel phones running the Google app beta version 16.18. However, most other platforms, including the web and non-Pixel Android devices, still display the classic solid-color logo. A wider rollout is expected in the coming weeks.

So far, Google’s main wordmark and other product logos like Chrome, Maps, and Gmail remain unchanged. Given the shift toward gradient designs and AI-inspired visuals, similar updates to other Google icons may follow in the future.

In summary, this first major update to the ‘G’ logo since 2015 signals a subtle but meaningful shift in Google’s branding strategy, blending tradition with innovation as the company deepens its focus on AI and modern design aesthetics.

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Ixigo Halts Bookings for Flights and Hotels to Turkey, China

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Indian online travel platform ixigo has suspended all flight and hotel bookings to Turkey, China, and Azerbaijan in response to these countries expressing support for Pakistan after India’s military strikes-dubbed ‘Operation Sindoor’-against terror bases in Pakistan and Pakistan-Occupied Kashmir. The move, announced by CEO Aloke Bajpai on X, was described as an act of solidarity with India during heightened diplomatic tensions following the Pahalgam terror attack.

ixigo’s decision aligns with similar actions by other Indian travel companies, including EaseMyTrip and Cox & Kings, which have also restricted travel services to Turkey, China, and Azerbaijan. The suspensions come amid widespread calls for boycotts after these countries condemned India’s military response and backed Pakistan.

The travel industry’s collective response underscores how geopolitical developments are influencing business decisions, with Indian companies emphasizing national interests and unity in the face of international criticism

 

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MapmyIndia Sees 28% Surge in Q4 Profit, Hits INR 49 Cr

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MapmyIndia reported a strong fourth quarter for FY25, with consolidated net profit rising 28% year-on-year to INR 49 crore, up from INR 38.3 crore in Q4 FY24. Revenue from operations jumped 34% to INR 143.6 crore, while total income climbed 40% to INR 166.8 crore. EBITDA surged 47% to INR 58 crore, and the EBITDA margin expanded to 40% from 37% a year ago.

The Consumer Technology & Enterprise Digital Transformation (C&E) segment led growth, with revenue up 60% to INR 88.1 crore, while the Automotive & Mobility Technology (A&M) segment rose 7% to INR 55.4 crore. The company’s map-led business maintained strong EBITDA margins at 47%, and IoT-led margins improved to 14% in FY25 from 12% last year, reflecting a shift toward SaaS revenue.

For the full year, net profit increased 10% to INR 147.6 crore, and operating revenue grew 22% to INR 463.3 crore. The order book at year-end stood at INR 1,500 crore, up 10% year-on-year, supporting the company’s target to surpass INR 1,000 crore in revenue by FY28.

MapmyIndia also announced the renaming of its subsidiary Vidteq to Mappls DT, focusing on digital transformation and defence tech, led by former CEO Rohan Verma. The company declared a final dividend of INR 3.50 per share for FY25, and its shares closed 1.54% higher following the results.

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