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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.
Nov 18, 2021 · Humble beginnings. In 2000, Vijay Shekhar Sharma established Paytm's parent organisation One97 Communications, through a Rs 8 lakh loan. He went on to finally establish the Noida-based Paytm in...
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1st November 2021 - The much-awaited Paytm IPOwas launched with a price band of ₹ ₹2,080-2,150 per share. 13th October 2021 - Paytm users can now store Aadhaar, driving license, vehicle RC, insurance via Digilocker. Digilocker Mini App on Paytm offers access to these documents to users even when they're offline or in a low connectivity zone. 8th Oc...
The saga and the emergence of Paytm are discussed in this section of the case study of Paytm. It was established in August 2010 with underlying speculation of $2 million by its originator Vijay Shekhar Sharma in Noida, an area nearby India's capital New Delhi.
Paytm or "Payment Through Mobile" is India's biggest installment, trade, and e-wallet undertaking. It began in 2010 and is a brand of the parent organization One97 Communications, established by Vijay Shekhar Sharma. It was propelled as an online portable energize site and proceeded to change its plan of action to a virtual and commercial centre ba...
The Paytm revenue modelscome in two structures. Paytm makes commissions from the client exchanges through their utilization of its foundation. Escrow Accounts are the accounts from where it creates their income. Inferable from the non-appearance of its hidden capital, it offers clients no intrigue. Starting in 2018 Paytm has aggregated 3314.8 crore...
Advanced installments organization Paytm has professed to arrive at gross exchange esteem (GTV) of over $50 billion, while checking 5.5 billion exchanges in FY19. The Delhi NCR-based organization credited this development to the rising appropriation of Paytm over numerous utilization cases, for example, retail installments, expenses, utility instal...
Computerized installments organization Paytm said it is looking to dramatically increase its exchange volume to 12 billion by part of the arrangement, from 5.5 billion out of 2018-19. Paytm checked 2.5 billion exchanges in 2017-18. Paytm said it accomplished gross exchange esteem (GTV) of $50 billion out of 2018-19, as contrasted and $25 billion ev...
Paytm India app was removed from Google Play Store because it violated Google guidelines. While other apps like Paytm for Business, Paytm mall, Paytm Money, and a few more were still available. But after a few hours of being taken down, the Paytm app was back on Google Play Store.
Is Paytm a fintech company?
Yes, Paytm is India's leading and one of the most valued fintech startups founded by Vijay Shekar Sharma in 2010.
What are the areas served by Paytm?
Paytm is a leading fintech startup that not only operates in India but it also serves Canada and Japan.
When was Paytm established?
Paytm was founded in 2010 by Vijay Shekar Sharma.
Learn about the origin, business model, growth, and future plans of Paytm, India's one of the biggest fintech startups founded in 2010 by Vijay Shekhar Sharma. Paytm offers versatile instalments, banking administrations, commercial centre, Paytm gold, energize and charge installments, and more.
- Devashish Shrivastava
Jan 22, 2024 · Paytm, a smooth substitute, has been important in the transition to digital financial transactions, signifying a noteworthy turning point in India's payment history. In this article, we will delve into the successful journey of Paytm, its founder, business model, funding, acquisitions, competitors, and more.
- 2010
- Noida, Uttar Pradesh, India
- Vijay Shekhar Sharma
- FinTech
Dec 25, 2023 · Paytm’s journey commenced in 2010, driven by a visionary leader who foresaw the potential of digital payments in a rapidly evolving market. The founder, whose foresight laid the foundation for Paytm’s success, envisioned a future where financial transactions would transcend the limitations of traditional cash-based methods.
- Paytm
- Noida, Uttar Pradesh, India
- Vijay Shekhar Sharma
- FinTech
Apr 20, 2021 · Paytm and its initial years: In 2010, an Indian e-commerce website was developed by Mr. Vijay Shekhar Sharma. This application allowed its users to pay through online mode. It was none other than the Paytm app. Paytm is a subsidiary of One97 communications, which is based in Noida, UP.
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What is Paytm & its mission?
Paytm started the Digital Revolution in India. And we went on to become India’s leading Payments App. Today, more than 20 Million merchants & businesses are powered by Paytm to Accept Payments digitally. This is because more than 300 million Indians use Paytm to Pay at their stores.
