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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

‘Massive data breach’ reported at Paytm Mall; claims absolutely false, says company

August 31, 2020 12:50 am

The clarification came after US-based cyber research firm Cyble had said a hacker group with the alias 'John Wick' was able to gain unrestricted access to Paytm Mall's databases.

Paytm, Sharma to buy Raheja QBE Insurance for Rs 568 crore

July 07, 2020 5:28 am

Raheja QBE is currently owned 51 per cent by Prism Johnson and 49 per cent by QBE Australia, Paytm said in a statement. Paytm and Sharma is set to acquire both stakes and would own 100 per cent of the company.

Paytm, Vijay Shekhar Sharma to acquire Raheja QBE General Insurance

July 06, 2020 1:01 pm

"Raheja QBE is owned 51 per cent by Prism Johnson and 49 per cent by QBE Australia. Paytm is set to acquire both stakes and would own 100 per cent of the company," Paytm said in a statement.

Paytm parent claims telcos not preventing phishing; HC seeks Centre, Trai response

June 03, 2020 12:14 am

The court has sought responses from the central government, the Telecom Regulatory Authority of India, and telcos, in the matter.

Amazon, Flipkart can deliver non-essential products: Things you must know before ordering

May 04, 2020 12:52 pm

If you live in Green and Orange zones from May 4 onwards you will be able to order essential as well as non-essential products from online platforms.

How to recharge mobile number, pay rent and bills online

April 13, 2020 3:47 pm

Here's how you can recharge your mobile number and pay your bills online using Google Pay, PhonePe, Amazon, Flipkart, Google, SMS, PayZapp, and Paytm.

These apps are delivering groceries at your doorstep

April 14, 2020 12:35 am

Companies such as Uber, Swiggy, Zomato, among others have now started delivering groceries in Indian homes. Here are the details.

PhonePe and Paytm end up in Twitter feud during Yes Bank crisis

March 07, 2020 6:23 pm

Many who came across the Twitter feud criticised Paytm for their tweet and lauded PhonePe for its response. Some also called Google Pay to join the conversation.

Paytm Mall Maha cashback Republic Day sale now live: Discount offers on Apple AirPods, smartphones, laptops

January 23, 2020 4:26 am

The company is also offering users the ability to shop directly from the US via eBay with a flat 40 per cent discount and free shipping.

As Japan pushes cashless agenda, Paytm app cashes in

December 02, 2019 4:03 am

Paytm, the flagship brand of One97, partnered SoftBank and Yahoo Japan in October last year. PayPay’s claimed user base of nearly 15 million users till October 2019, includes consumers of an existing wallet inherited by the Paytm app on launch.

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