Alibaba to invest in Paytm; enters Indian mCommerce space

Alibaba will acquire 25 per cent stake in One97 Communications, the parent of mobile commerce firm Paytm, as the Chinese eCommerce giant makes its debut in the rapidly expanding mCommerce space in......

Investors home in on mobile payment firms

Investments by private equity and venture capital firms into the mobile payment solutions segment in India have seen a notable growth in the recent past. Going forward, this is expected to go up......