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Paytm

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 ...

Paytm Overview

Image Source : Wikipedia
  • 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

Paytm shares tumble over 7% post Q3 earnings

February 07, 2022 1:39 pm

It declined 5.69 per cent to Rs 898.95 on the BSE. On the NSE, the stock tumbled 7.55 per cent to Rs 881.30.

Here's why Paytm is shutting down its consumer app in Canada

January 14, 2022 4:38 pm

It is worth noting that the company's research and development unit Paytm Labs will continue to function and only the Canada consumer app will be shutdown.

Explained: The Paytm spoof app fraud in which 3 persons were arrested in Mumbai

January 12, 2022 3:32 pm

The police has arrested three people in Mumbai for using an app which looks very similar to Paytm to con merchants. What is the spoof Paytm app scam, and how does it work?

Anchor investor exits, Paytm shares spiral to hit all-time low

January 11, 2022 11:41 am

Paytm’s shares came under pressure following news that HDFC Mutual fund significantly reduced its holding of Paytm across two schemes in the month-ended December 2021.

Explained: Why is Paytm falling on the bourses?

January 11, 2022 10:08 pm

The shares came under pressure following news that HDFC Mutual fund, one of the four mutual funds that were anchor investors in its IPO, significantly reduced its holding of Paytm across two schemes in the month ended December 2021.

Google Pay, Paytm: How to split bills and expenses with your contacts

December 25, 2021 12:53 pm

Here's how you can easily split your bills and expenses on Google Pay and Paytm in a few easy steps.

Top IPOs that created a buzz in 2021

December 23, 2021 11:21 am

Here's a look at the top initial public offerings (IPOs) which were the most talked about in the market this year.

Paytm GMV more than doubles to Rs 1.66 lakh crore in Oct-Nov 2021 period

December 13, 2021 11:57 am

Paytm refers to GMV as the value of total payments made to merchants through transactions on its app, through Paytm payment instruments or through its payment solutions, over a period. It excludes any consumer-to-consumer payment services such as money transfers.

Scheduled status to Paytm Payments Bank

December 10, 2021 9:46 am

According to the bank, it has been included in the Second Schedule to the Reserve Bank of India Act, 1934.

Paytm September net loss widens, says maintains growth momentum

November 27, 2021 12:48 pm

Paytm reported a consolidated net loss of 4.74 billion rupees ($63.2 million) compared with 4.37 billion rupees in the same period a year earlier. Revenue rose 49.7% to 11.35 billion rupees.

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