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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 share tanks 20% in opening trade, company says taking steps to comply with RBI directions
February 01, 2024 11:52 am
The company said the RBI action won’t impact user deposits in their savings accounts, wallets, FASTags and NCMC accounts, where they can continue to use the existing balances.
Daily Briefing: Interim Budget to be presented today; Hemant Soren’s arrest; and more
February 01, 2024 8:48 am
It’s Budget day! Start off with the top reads from The Indian Express: Investigating disbursal of BMC funds; Hemant Soren’s arrest and challenge for INDIA bloc; huge blow for Paytm Payments Bank and what it means for your money; and more
RBI curbs on Paytm Payments Bank: Can’t take deposits, offer other services after February 29
February 05, 2024 12:45 pm
The RBI decision essentially bars Paytm Payments Bank from offering all its core services — including accounts and wallets — from March, effectively crippling the company’s business.
Tech layoffs 2024: Flipkart, Paytm, Twitch, and more slash staff by up to 35%
January 11, 2024 8:26 am
Major layoff announcements hit Amazon's Twitch, Paytm, Flipkart, Unity and others - tech's turbulent start to 2024 continues.
Paytm shares fall 19% on plans to scale down loans under Rs 50,000
December 07, 2023 7:58 pm
The share price hit the lower circuit of 20 per cent after it touched Rs 650.65 apiece.
Warren Buffet-backed Berkshire Hathaway exits Paytm; sells entire 2.46% stake for Rs 1,371 crore
November 24, 2023 8:26 pm
Berkshire Hathaway Inc through its affiliate BH International Holdings sold more than 1.56 crore shares of fintech company Paytm on the National Stock Exchange (NSE).
Passengers can now book tickets across all Delhi Metro lines with Paytm
October 12, 2023 2:02 pm
Notably, this facility was previously available exclusively on the Airport Express Line.
Paytm promoter buys 10.3% stake from Alibaba entity, shares up 6.95%
August 08, 2023 1:04 am
Paytm shares jumped by 6.95 per cent to Rs 850.75 on the BSE following the announcement.
Vijay Shekhar Sharma to buy 10.3% stake in Paytm from Antfin in no cash deal
August 07, 2023 10:26 am
As per the deal, Vijay Shekhar Sharma will purchase 10.3 per cent shareholding in Paytm from Antfin through his 100 per cent owned overseas entity Resilient Asset Management BV.
Shriram Finance, Paytm come together to augment digital financial services
June 30, 2023 3:27 pm
Through this joint venture, Shriram Finance products would be made available on the digital platform to further expand Paytm's business to credit services as well, and drive financial inclusion.
