Participated · Equity · Jun 2026

ONDC is a government-backed digital commerce network that connects buyers and sellers across a digital marketplace. The organization announced a fresh infusion of ₹220 crore from corporate investors including Zoho, Uber, Paytm, and BSE Technologies. As part of the investment, Uber plans operational collaboration with ONDC on multimodal transportation, public transit integrations, and logistics capabilities. The funding is positioned as strategic capital from technology and mobility players. The articles do not provide revenue, user, or valuation figures. The announced investment increases ONDC's available capital for platform development and partner integrations.

Led · Equity · Nov 2020

Paytm Money is the wealth-management arm of One97 Communications that provides mutual funds, equity brokerage, NPS and digital gold services. The company recently expanded its product slate to include stockbroking and exchange-traded funds, which the firm says have been received well. Paytm Money reports rapid product growth and says its digital gold business has grown 2X in the last six months with average order value up about 60%. The firm received a fresh Rs 60 crore infusion from parent One97 Communications via an allotment of 600,00,000 equity shares at Rs 10 per share. Management indicates the funds will likely be used to source new products, strengthen technology, and expand the team. FY20 financials are yet to be made public; in FY19 the company spent around Rs 37.62 crore to generate a turnover of Rs 76.26 lakhs, and it competes with Zerodha, Ind Money and Groww. Paytm Money is a Bengaluru-based wealth management firm that sells mutual funds directly to consumers. The company offers a low-cost regular plan designed to eliminate distributor commissions. It was launched in September 2018. The article states the business model focuses on direct mutual-fund distribution to retail customers. No future plans or user/revenue metrics are mentioned in the article. The company recently received a capital infusion from its parent. Paytm Money is a digital investment platform launched in September 2018 that began with about 25 AMCs and partnerships with MorningStar, CRISIL, and Value Research to assist investors. By May last year it had added all 40 AMCs in India and offers mutual fund schemes. The platform has diversified into stock broking (having obtained SEBI approvals) and expanded into National Pension Scheme sales, ETFs and other financial instruments. Around last September it reported servicing over three million users. Financially, Paytm Money has received multiple capital injections from parent One97 Communications, including recent tranches and an initial $10 million commitment at launch. One97’s Rs 250 crore commitment will be deployed over the next 18 to 24 months to fund growth and operations. Paytm Money is Paytm's wealth-management platform that enables mutual fund and SIP investments and offers features such as UPI-based mutual fund purchases, SIP Now and Pay Later, and consolidation/tracking of investments. The Bengaluru‑headquartered service was set up in November 2017 with a committed $10 million upfront investment from parent One97 Communications. Within six months of launch the company reported crossing a 1 million user base and has partnered with 35 AMCs. One97 has been funding the business: the parent invested Rs 25 crore in December and Rs 5 crore in November 2018, and again on February 15 it put in Rs 28.87 crore (~$4M). The Feb infusion is the largest capital injection since launch and could be part of the upfront $10M commitment. Paytm has integrated Paytm Money with Paytm Payments Bank's 42 million customers to broaden distribution and compete with incumbents such as ETMoney, Kuvera, Scripbox and others.

Participated · Equity · Sep 2017

Paytm Payments Bank, launched in May and operating from Noida, offers savings and remittance services with a 4% interest rate on savings accounts. Due to RBI restrictions it cannot lend directly, so it plans to partner with full‑service banks to offer loans and term deposits and is planning a RuPay debit card. The bank aims to open 31 branches and about 3,000 customer service points in its first year and targets opening 500 million bank accounts by 2020. Paytm intends to drive users to the bank from its larger Paytm platform, which it says has 211 million users. The board approved a Rs 60 crore rights issue for existing shareholders, and total capital being put into the payments bank stands at Rs 278 crore. Founder Vijay Shekhar Sharma holds a 51% stake while the remainder is held by One97 Communications (Alibaba‑backed), though the article notes Alibaba does not have a direct shareholding in the payments bank.

Led · Series A · Jul 2011

TheMobileGamer (TMG) is a Singapore-based mobile social game developer led by CEO Alvin Yap. TMG has published titles such as Club Wars, Monster Fight and Fun Factory for South East Asia. Its games are distributed directly through Kotagames.com and via social networks. The games work on any mobile device that comes with a mobile browser. Financially, the company received $1m in Series A funding from Indian One97 Communications. One97 is an India-based telecom application cloud platform that also invests in early-stage mobile companies through its $100m One97 Mobility Fund.