Journalism of Courage
Paytm
Follow on:
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
Related Other Pages:
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
In a first, HDFC Bank customers can now link Rupay credit cards to UPI
February 16, 2023 4:47 pm
From now on, HDFC Bank Rupay credit cards can be linked to a UPI ID enabling a customer to use the credit card on popular payments platforms.
Alibaba exits India, offloads remaining 3.4% Paytm stake
February 11, 2023 2:39 am
Alibaba had 6.26 per cent direct stake in Paytm as of December 2022. Of this, it had sold 3.1 per cent stake in January. The remaining 3.16 per cent was sold on Friday
Paytm Republic Day offer: Upto Rs 100 cashback on Zomato food orders
January 26, 2023 7:52 pm
Here's how to get up to Rs 100 cashback from Zomato food orders using Paytm this Republic Day.
Alibaba sells Paytm stake worth $125 million via block deal
January 12, 2023 4:35 pm
Alibaba, which held a 6.26% stake in Paytm as of end-September, sold around 3.1% of its stake at 536.95 rupees apiece
New age firms’ market cap in red since listing
December 26, 2022 12:06 am
Shareholders have been disappointed by either poor performance or unwieldy acquisitions. In some instances, the sale of stakes by investors post the expiry of the lock-in period, has dragged down the stock.
Paytm buyback at Rs 810 per share
December 14, 2022 12:41 am
The buyback is at a premium of 50 per cent of the company’s shares which closed at Rs 539.50, a gain of 2.16 per cent, on the BSE on Tuesday. However, the buyback price is at a discount of 62 per cent from the IPO price of Rs 2,150 per share.
Paytm share buyback: Why, and how the shareholders can benefit
December 09, 2022 6:07 pm
One of the reasons for a company to go for buyback of shares is when it feels that its stock is undervalued or fallen too much.
Paytm board to consider share buyback on December 13
December 09, 2022 10:19 am
Paytm has a liquidity of Rs 9,182 crore, as per its last earnings report.
Payment aggregator licence: RBI asks Paytm Payments Services to reapply
November 27, 2022 8:15 am
One97 Communications which owns the Paytm brand, had proposed to transfer the payment aggregator services business undertaken by it to Paytm Payments Services (PPSL) in December 2020 to comply with payment aggregator guidelines of the RBI but the banking regulator had rejected its application.
Paytm’s 75% slump is world’s worst for large IPOs in a decade
November 24, 2022 4:10 pm
Paytm’s grim first anniversary underscores an erosion of confidence in its ability to become profitable after debuting at a time when India’s IPO market was enamored with tech startups.
