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
Paytm shares plunges over 11% to record low
November 23, 2022 9:44 am
RIL said recently it plans to build a financial services business called Jio Financial Services (JFS) and leverage its fast-growing retail business. The entity will eventually list on the bourses.
Paytm shares tank over 10% as SoftBank sells 4.5% stake
November 18, 2022 1:18 am
The stock opened weak at Rs 563.25 on the BSE compared to previous close of Rs 601.55 apiece. It touched a day’s low of Rs 535.2 and a high of Rs 565.5 on the BSE.
An $18 billion wipeout is harsh reality of five famed domestic IPOs
November 17, 2022 3:25 pm
Indian IPOs raised a record $18 billion in 2021 on government efforts to foster startups combined with easy-money policy and a surge in retail trading during the pandemic. But investors have since dumped high-profile tech shares, even as the broader Indian stock market has outperformed global peers and scaled new peaks.
Paytm shares tank 10% in morning trade on Softbank stake sale
November 17, 2022 11:59 am
After a weak beginning, the stock further tanked 10 per cent to Rs 541.30 on the BSE. At the NSE, it fell 9.98 per cent to Rs 541.40.
‘Softbank to sell 4.5% stake in Paytm for around $215 million’
November 17, 2022 1:10 am
SoftBank will hold a stake of 12.9 per cent or 84 million shares in the company. As of September 30, it held a 17.45 per cent stake through SVF Holdings (Cayman).
Paytm faces another reckoning after $10 billion selloff
November 15, 2022 4:52 pm
This week, the lock-up period for the company’s stock will expire, freeing investors to sell shares that haven’t yet been allowed onto the market.
Paytm annualised run rate of loan disbursals touches Rs 34,000 crore in September
October 10, 2022 11:04 am
During the reported month, total number of loans disbursed by Paytm grew by over three fold to about 92 lakh in the quarter ended September 2022, from 28.41 lakh a year ago.
ED searches Paytm, PayU premises: Report
September 15, 2022 1:59 am
Commenting on the matter, a Paytm spokesperson said, “as we have mentioned before, ED continues to seek information about certain merchants from various payment service providers, we have shared the required information.”
Chinese loan apps probe: ED raids Paytm, Razorpay, Cashfree premises
September 04, 2022 12:58 am
The ED said it had seized Rs 17 crore kept in “merchant IDs and bank accounts of these Chinese persons-controlled entities” during the raids.
Delhi: Paytm transaction of Rs 100 leads police to accused in Rs 4 crore heist
September 02, 2022 1:33 am
The incident took place early Wednesday in Central Delhi’s Paharganj area when four men allegedly posing as policemen along with an associate allegedly robbed two courier company executives.
