Journalism of Courage
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
Shareholders reappoint Sharma as Paytm MD
August 22, 2022 9:30 am
Three proxy advisory firms — Stakeholders Empowerment Services (SES), Institutional Investor Advisory Services India (IiAS) and InGovern Research Services — had asked the shareholders to vote against Sharma’s reappointment.
Paytm’s billionaire CEO Vijay Shekhar Sharma faces biggest test since IPO dud
August 19, 2022 3:26 pm
Vijay Shekhar Sharma’s role as the chief executive officer is among the items to be voted on at the company’s annual general meeting held virtually this afternoon.
Three proxy advisory firms red-flag Paytm
August 15, 2022 6:28 am
Paytm’s stock fell 4.82 per cent on Friday. InGovern is also opposing the reappointment of Sharma. “The main issue is that Sharma is not liable to retire by rotation as director...,” Shriram Subramanian, founder and MD, InGovern Research Services, said.
Paytm outage: Paytm briefly goes down for many users, app and website affected
August 05, 2022 3:19 pm
Paytm was not working for many users earlier today on August 5, with users being suddenly logged out during transactions and unable to log back in.
FPIs, mutual funds increase stake in Paytm
July 20, 2022 5:04 pm
Paytm's stock increased about 18 per cent to Rs 675.8 in June quarter. Its shares opened at Rs 742 apiece on Wednesday morning.
No credit line on prepaid wallets: What it means for users and wallet companies
June 22, 2022 8:59 pm
The central bank wants to put a full stop to buy-now-pay-later wallets.
Paytm begins charging some users extra fees for mobile recharges
June 11, 2022 4:49 pm
Paytm users are reporting a charge between Re 1 and Rs 6 for mobile recharges. Check more details below.
Paytm to file for new license, says bullish about its roadmap for general insurance
May 16, 2022 12:14 pm
In a regulatory filing, Paytm reiterated its intention to make inroads in the general insurance sector, as it is extremely bullish about its potential.
From Future group stocks to HCL Technologies: Here are top stocks to watch on April 22
April 22, 2022 9:50 am
Stocks to watch: From Paytm to Tata Communications, here are the key stocks to look out for on Friday's trade.
Supervisory action against Paytm Payments Bank 'not yet complete': RBI
April 12, 2022 7:19 am
The banking sector regulator, in an order dated March 11, had directed the Vijay Shekhar Sharma-led payments bank to stop adding new customers with immediate effect while also asking it to appoint an IT audit firm to conduct a comprehensive audit of the IT system of the payments bank.
