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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
Paytm parent rings IPO bell, files for Rs 16,600-cr listing
July 17, 2021 4:15 am
The offering comprises a fresh issue of equity shares of face value of Rs 1 each aggregating Rs 8,300 crore and offer for sale by the existing shareholders, aggregating Rs 8,300 crore.
Chinese nationals step down from Paytm board ahead of planned IPO; no change in shareholding
July 07, 2021 2:17 pm
Alipay representative Jing Xiandong, Ant Financial's Guoming Cheng, and Alibaba representatives Michael Yuen Jen Yao (US citizen) and Ting Hong Kenny Ho have ceased to be directors of the company, as per the regulatory document.
Paytm set to file draft prospectus next week for $2.3 billion IPO: Report
July 06, 2021 9:41 am
Paytm's proposed $2.3 billion IPO will make it India's third-biggest public listing in dollar terms after state-run miner Coal India in 2010 and Reliance Power in 2008.
Paytm plans to raise Rs 12K crore via fresh equity
June 19, 2021 2:45 am
This, along with other items is on the agenda of the company’s extraordinary general meeting scheduled to be held in the Capital on July 12.
Covid-19 vaccination: Paytm will now let you book vaccine slots on its app
June 14, 2021 6:02 pm
Paytm's new vaccination booking feature will help Paytm users to easily select a nearby vaccination centre as per their age and vaccine preference, and book a slot right from the app.
Paytm loan to founder likely for insurance venture
June 09, 2021 10:28 am
Last year, a wholly-owned subsidiary of the company, Paytm Insurance Broking Pvt Ltd, received its license to sell life and non-life insurance from Irdai.
Paytm moves ahead with planned $3 billion IPO
June 08, 2021 11:02 am
Paytm’s board has approved the offering plans in principle and is finalizing the draft red herring prospectus, which could be filed as soon as the first week of July, according to a person familiar with the matter.
Paytm board grants in-principle approval for around Rs 22,000 crore IPO
May 31, 2021 4:41 pm
Paytm is looking at an enterprise value of over Rs 2 lakh crore for the IPO.
New scam promises big Paytm cashbacks, here's how to stay safe
June 01, 2021 9:52 am
A site claims the user has won a Rs 2,647 cashback and then asks you to send the reward to your Paytm account.
Man cheats over 200 shopkeepers in Delhi using fake payment app, arrested: Police
May 30, 2021 9:54 am
The app, Spoof Paytm, uses a similar interface as the original Paytm payment app and generates fake receipts.
