Snapdeal's consolidated revenues jumped to Rs 925.3 crore in FY19 from Rs 535.9 crore in FY18. This is an increase of nearly 73%, the company said in its regulatory filing Tuesday.

Paytm has said that its customers can continue using all services available on its platform without any fee

PhonePe's revenues grew by just Rs 3.02 crore to Rs 42.79 crore in FY18 but the startup burned around Rs 791.03 crore in net losses, way higher than Rs 129.01 crore in FY17.

Eight of top 10 companies lose Rs 1.35 lakh crore in market valuation; Sanjay Kumar Mishra named new interim Enforcement Directorate chief; One97 communication's losses shoot up 78% to Rs 1,490 crore in FY18; government expects recoveries to exceed Rs 1.80 lakh crore in FY19; PM Narendra Modi meets Shinzo Abe on two-day Japan visit; formal talks today. Watch more in this episode of Business Wrap.

Eight of top 10 companies lose Rs 1.35 lakh crore in market valuationEight of the 10 most valued Indian firms suffered a combined loss of Rs 1,35,162.15 crore in market capitalisation last week with benchmark BSE Sensex diving around 3 per cent. TCS, RIL and Infosys took a severe beating in market valuation while only two bluechips, HDFC and ICICI Bank, managed to record gains in market capitalisation (m-cap) for the week ended Friday.UIDAI asks banks to use Aadhaar eKYC for DBT u...

Shocked over the latest revelations, the Paytm boss says he wants answers to the extortion puzzle and expresses hope that police will unearth the actual truth.

Sonia Dhawan's lawyer alleges Paytm promoters are trying to frame her as she didn't agree on their demand of selling her stake in the company.

Once Paytm Money will get a stockbroker licence from the stock exchanges, it will be able to offer its users chance to trade in equities, commodities and derivatives.

A surge in the valuation of Paytm, after investors and founders increasd their stake, has resulted in employees selling shares worth Rs 100 crores.

One97 communication, parent of online mobile payment platform Paytm, is looking to raise close to Rs 2000 crore as it gears up to launch its digital payments bank and boost its e-commerce presence.

The investment momentum in Indian start-ups rocketed over the past five years. PE activity in 2015 touched an all-time high - investments totalled 1,049, over 600 of them in start-ups. The stars of Indian e-commerce became super stars.

Financial inclusion is not just about having a bank account for everyone in the society. It is about creating an ecosystem that enables and encourages people to use financial instruments in their everyday life.

 Vijay Shekhar Sharmahjas made a success of his One97Communications by adding unprecedented value to mobile services. The credit goes to a prodigious streak and  persistence.