As Paytm reaches the 50 million user mark, the company sets lofty goals for the rest of 2015.
After investing in e-commerce properties native to India, China-based juggernaut Alibaba is rumored to expand even further in the neighboring emerging market.
Alibaba is in talks to pick up a major chunk of One97 Communications, which is the parent company of Paytm, the biggest mobile payments venture in India.
Uber, a leading taxi-booking app, announced the launch of a new payment method for India-based customers through Paytm.
