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Paytm
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Paytm: A Digital Payments Giant Paytm, short for "Pay Through Mobile," is a Noida-based Indian multinational financial technology company specializing in digital payments and financial services. Founded in 2010 by Vijay Shekhar Sharma under One97 Communications, Paytm provides a comprehensive suite ...
- Company type Public
- Industry Financial technology, E-commerce
- Founded August 2010
- Founders Vijay Shekhar Sharma
- Headquarters Noida, Uttar Pradesh, India
- Key people Vijay Shekhar Sharma
- Services Payment systems, Mobile payments
- Revenue ₹9,978 crore (US$1.1 billion) (FY24)
- Net income ₹-1,423 crore (US$-160 million) (FY24)
- Parent One97 Communications
- Website www.paytm.com
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Paytm history
Last Updated : 13/03/25, 01:24 AM
Paytm, India's leading digital payments platform, has faced a recent storm of regulatory actions, jeopardizing its foothold in the financial sector. In January 2024, the Reserve Bank of India (RBI) imposed substantial restrictions on Paytm Payments Bank (PPBL), barring it from accepting new deposits...
PAYTM NEWS
Kotak Mahindra Bank customers can now use RuPay credit cards on UPI
June 28, 2023 2:38 pm
With the linkage of Kotak RuPay Credit Cards on UPI, customers would not need to use their physical Credit Card, the private bank said.
Apple eyes a spot alongside UPI apps like Paytm and PhonePe in India
June 25, 2023 9:24 am
Apple is reportedly gearing up to launch its payment service in India, possibly with features like UPI integration and Face ID security.
Paytm's loan disbursals jump 169% to Rs 9,618 crore in April and May
June 05, 2023 11:50 am
Paytm said, "We currently have 7 lending partners and we aim to onboard 3-4 partners in FY 2024."
Booked for posing as PayTM official and cheating Mumbai grocer, man denied bail
May 25, 2023 1:52 pm
The accused had two Aadhaar cards with different numbers and two addresses in Goa and West Bengal. The police said that if granted bail, the accused may not remain present during the trial.
SoftBank offloads 2% stake in Paytm in a series of disposals since February
May 11, 2023 1:31 pm
SoftBank has offloaded more than 2 per cent of its stake in Paytm-parent firm One97 Communications Limited via an open market to meet Sebi takeover rules.
Paytm's shares jump over 5% after company narrows loss in March quarter
May 08, 2023 12:34 pm
Shares of One97 Communications at the NSE climbed 5.13 per cent to Rs 725.
ONDC is the new player in the food delivery game: Can it take on Zomato and Swiggy?
May 09, 2023 8:15 am
Open Network for Digital Commerce or ONDC is all set to change this by cutting down the middleman between the business and the consumer.
Paytm's GMV rises 40% to Rs 3.62 lakh crore in March qtr; loan disbursals up 253% to Rs 12,554 crore
April 05, 2023 11:52 am
Paytm reported a rise of 40 per cent in the Gross Merchandise Value (GMV) in fourth quarter of FY2023, against the same quarter last year.
Telecom tycoon Mittal seeking a stake in Indian fintech Paytm
February 25, 2023 12:02 pm
Mittal seeks to fold Airtel Payments Bank into Paytm Payments Bank in a stocks deal.
Now make payments faster with Paytm UPI Lite: FAQs and how to use the feature
February 28, 2023 5:08 pm
Users that sign-up for the first time and add Rs 1,000 as balance will be awarded a Rs 100 cashback. Paytm also told the Indian Express that the company plans to expand the supported banks list.
