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Paytm was founded in August 2010 with an initial investment of US$2 million by its founder Vijay Shekhar Sharma in Noida, Delhi NCR. It started off as a prepaid mobile and DTH recharge platform, and later added debit card, postpaid mobile and landline bill payments in 2013.
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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.
- Devashish Shrivastava
Vijay Shekhar Sharma (born 7 June 1978) is an Indian technology entrepreneur, multimillionaire and business magnate. He is the founder and chief executive officer of One97 Communications founded in 1997 and its consumer brand Paytm which he started in 2010. [1][2][3][4]
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.
Dec 25, 2023 · Founded in August 2010, Paytm has emerged as India’s foremost payments app, earning the affection of millions. Constantly ranking among the top 3 UPI apps in India, the platform boasts over 2 crore merchants utilizing its services for seamless payment transactions directly into their bank accounts.
- Paytm
- Noida, Uttar Pradesh, India
- Vijay Shekhar Sharma
- FinTech
Sep 5, 2023 · From Rs 10,000 to $1.2B: Meet Vijay Shekhar Sharma, the founder of Paytm, who is pioneer of digital payments and e-wallets in India. Through One97, he reimagined payment methods, introducing...
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Jun 18, 2023 · In 2010, Vijay Shekhar Sharma introduced Paytm, a digital payments platform that revolutionized the way Indians transact and manage their finances. Paytm started as a mobile recharge platform but quickly expanded its services to include bill payments, money transfers, and online shopping.
