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
Paytm posts biggest loss since listing on banking unit wind down
July 19, 2024 12:21 pm
Paytm reported EBITDA before cost of employee stock options at a negative 5.45 billion rupees for the quarter. It had earlier estimated the figure at five billion rupees-six billion rupees.
Paytm gets administrative rap from SEBI over related party transactions with PPBL in FY22
July 16, 2024 2:27 pm
The fintech firm further said it is "committed to upholding and demonstrating the highest compliance standards and shall also submit its response to SEBI."
Softbank exits Paytm at loss of around USD 150 million: Report
July 13, 2024 7:43 pm
Softbank had acquired Paytm shares at an average price of about Rs 800 apiece.
How to recharge your mobile number on Paytm
July 07, 2024 8:12 am
Here's how you can recharge your prepaid and postpaid number on Paytm.
In talks with Paytm to acquire movies and events business: Zomato
June 16, 2024 10:25 pm
In a regulatory filing, Zomato said while it is in discussions with Paytm, no binding decision has been taken yet.
Aadhaar, PAN, Paytm, KYC — how fintech regulation is hurting the consumer
May 30, 2024 9:36 pm
From credit card issuances to digital payments, OTPs and mutual funds – the perils of unintended consequences of over-regulation are there to see
Paytm, Adani say stake buying talks ‘speculative’
May 30, 2024 2:32 am
As per a media report, Adani is looking to buy a stake in Paytm. The report said that Paytm founder Vijay Shekhar Sharma met Adani in the latter's Ahmedabad office to ‘finalise the contours of the deal'.
Paytm Q4 results: Net loss widens to Rs 550 crore following banking unit wind down
May 22, 2024 11:18 am
The revenue from operations of Paytm declined 2.8 per cent year-on-year (YoY) to Rs 2,267.1 from Rs 2,464.6 crore in the corresponding quarter of the financial year 2023.
Paytm shares decline 5% after COO Bhavesh Gupta resigns, hits lower circuit limit
May 06, 2024 12:10 pm
The fintech firms' stock tanked 4.99 per cent to Rs 351.70 to hit the lower circuit limit on the BSE. On the NSE, it dropped 5 per cent to Rs 351.40.
Paytm COO Bhavesh Gupta quits; company rejigs senior management
May 05, 2024 8:04 am
Bhavesh Gupta was steering the lending business, online and offline payments, and compliances, among others, at Paytm. Verticals, headed by him, were adversely impacted by the RBI's ban on Paytm Payments Bank (PPBL) from carrying on new transactions.
