Paytm has moved from being a wallet to a full stack payments provider by offering multi-source and multi destination solutions
Google's parent company, Alphabet, is ranked seventh in the "Top Companies" list by the professional social network site
The firm, owned by One97 Communications, is also providing the option to transact offline with a physical debit card
Says Paytm's high transaction volumes of low value indicative of discount heavy growth strategy
The Paytm platform will house a microsite featuring Singapore's new, inside-out, unified brand 'Passion Made Possible'
The fintech major has not made any announcements on who would be heading these companies as of now
An ESOP is a benefit plan to enable employees to acquire shares in the company
Around 10 million transactions are done on the Paytm platform every day
Paytm over a year has made investments for further expansion of its various services
Rivals Amazon, Flipkart are pouring in billions of dollars to boost market share
Founder Vijay Shekhar Sharma said its platform processes about 250 crore transactions annually worth of Rs 80,000 crore
The statement from the company came a day before one year of demonetisation anniversary, which happened on November 8, 2016 and gave boost to India's digital payment sector
60% of growth comes from Tier-II and Tier-III cities
He says limiting cash loading to PPIs won't be a hindrance
The firm will invest over Rs 1,000 crore in marketing, cash backs and promotional spends
The tie-up is to initiate promoting seamless digital payments solutions and cashless transactions
This statement comes amid India's border standoff with China in Dokalam
The firms are holding preliminary talks and may take a call on the matter in the next few weeks
Kiran will be overseeing all product and business functions for the payments division
The move would help SoftBank maintain its bellwether status of being the lead investor in firm