Indian mobile payments app
Not to be confused with
Paym .
Paytm Paytm headquarters in
Noida Company type Public ISIN INE982J01020 Industry Founded August 2010; 14 years ago (2010-08 ) in New Delhi, India Founder Vijay Shekhar Sharma Headquarters , India
Areas served
Key people
Vijay Shekhar Sharma (CEO ) Products Services Revenue ₹ 9,978 crore (US$1.2 billion) (FY24)[ 2] ₹ 559 crore (US$67 million) (FY24)[ 2] ₹ −1,423 crore (US$−170 million) (FY24)[ 2] Owners Parent One97 Communications Website paytm .com
Paytm (an acronym for "pay through mobile ") is an Indian multinational financial technology company, that specializes in digital payments and financial services , based in Noida , India.[ 4] Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications . The company offers mobile payment services to consumers and enables merchants to receive payments through QR code payment , Soundbox, Android-based-payment terminal , and online payment gateway .[ 5] In partnership with financial institutions, Paytm also offers financial services such as microcredit and buy now, pay later to its consumers and merchants.[ 4]
Apart from bill payments and money transfer , the company also provides ticketing services, retail brokerage products and online games .[ 6] [ 7] [ 8]
Paytm's parent company One97 Communications was listed on the Indian stock exchanges on 18 November 2021 after an initial public offering, which was the largest in India at the time.[ 9] For the fiscal year 2022–23, Paytm's gross merchandise value (GMV) was reported to be ₹ 13.2 lakh crore (US$160 billion).[ 10] [ 11] [ 12] [ 13]
^ "Paytm's gaming platform Gamepind rebranded as FirstGames" . Business Today .
^ a b c "Earnings Release - For quarter and year ending March 2024" (PDF) . BSE . One97 Communications Limited. Retrieved 29 June 2024 .
^ "Adani Group among potential suitors Vijay Shekhar Sharma likely engaged with to buy stake in Paytm parent - CNBC TV18" . CNBCTV18 . 29 May 2024. Retrieved 29 June 2024 .
^ a b "Outcome of Board Meeting – Financial Results for the quarter and nine months ended 31 December 2021" (PDF) . bseindia.
^ Ganguly, Payal. "Paytm promotes SVP Kiran Vasireddy to the position of COO" . The Economic Times . Retrieved 4 April 2018 .
^ Modi, Ajay (9 January 2019). "Paytm Travel eyes top spot in online bus, flight ticket bookings" . Business Standard India. Retrieved 6 June 2022 .
^ "Equity investing: Paytm Money app gaining traction" . www.thehindubusinessline.com. 19 July 2021. Retrieved 6 June 2022 .
^ Bhalla, Tarush (20 May 2020). "Paytm First Games goes international, eyes expansion in South Asian market" . mint. Retrieved 6 June 2022 .
^ "Paytm files for India's largest IPO, eyes $25 bn-$30 bn valuation" . Business Standard .
^ "Paytm Q4: Fintech Giant Reports Revenue of ₹2,334 cr" . HT Tech . 6 May 2023. Retrieved 7 September 2023 .
^ Staff Writer (1 April 2021). "Paytm achieves over 1.4 bn transactions in Mar, leads digital payment services" . Mint. Retrieved 12 May 2021 .
^ "Untangling Paytm" . Business Today. Retrieved 7 December 2021 .
^ Dsouza, Sharleen (18 September 2020). "Flipkart, Paytm Now Among India's 10 Most Valuable Brands, HDFC Bank Still No. 1" . BloombergQuint. Retrieved 28 March 2022 .