One97 Communications Ltd. (Paytm)
Indian ecommerce market could outpace more mature markets to become the third largest market in the world with US$ 350 billion by 2030.
Paytm, One97's flagship brand, is India's largest digital goods and mobile commerce platform - inspired and driven by a commitment to great consumer experience. Paytm is also a leading payment solutions provider to E-commerce merchants through its RBI approved semi-closed wallet. One97 delivers mobile content and commerce services to millions of mobile consumers through India’s most widely deployed telecom applications cloud platform. Headquartered in New Delhi, One97 is more than 4,500 people strong with regional offices in Mumbai, Bengaluru, Pune, Chennai and Kolkata and global presence across Africa, Europe, Middle East, and South East Asia.
- India’s largest digital payments company
- Over 4,500 employees
- India's largest digital goods and mobile commerce platform
- Total revenue of One97 Communications Ltd. (Paytm) stood at Rs. 1,892 crore (US$ 242.45 million) in FY22
One97 Communications Ltd. (Paytm) – Paytm Karo
| Year | Milestone |
|---|---|
| 2021 |
In September 2021, Paytm received >5.45 lakh shares from ~20 employees for monetisation in its upcoming IPO. In September 2021, Ria Money Transfer partnered with Paytm Payments Bank to enable real-time international remittances into Paytm’s mobile wallet. In September 2021, Paytm Money launched the first-of-its-kind F&O dashboard in India. The dashboard offers tools that were previously available only to institutional-level clients. Paytm registered 430.04 million transactions in April 2021 |
| 2020 |
PayTM Money, a wholly owned subsidiary of PayTM, launched IPO investment services in November. The Paytm interface will allow investors to apply for IPOs through their UPI IDs, which is linked to bank accounts, and can change, cancel and resubmit their bids. It will also be equipped to track upcoming IPOs, view company details, download prospectus and check performance of the past primary market offerings. In November, PayTM and Marg ERP entered a joint venture to launch an integrated payments solution, called MargPay, for MSMEs. The solution is aimed at solving the problem of payment reconciliation across multiple service platforms such as Net Banking, UPI payments, Mobile Wallets and cards. In September 2020, Paytm launched ‘Paytm Subscriptions’, a subscription service, for businesses across the country. Paytm has partnered with Alibaba-owned online marketplace Daraz to launch a new gaming app in Bangladesh - Daraz First Games Paytm First Games entered into a strategic partnership with Esports Players League Paytm received IRDAI licence to enter insurance business |
| 2019 |
Launched all-in-one QR for merchants across India Paytm logged 400 million plus transactions a month |
| 2018 |
In November 2018, One97 Communication Ltd crossed Rs. 98168.25 crore (US$ 14.25 billion) in valuation Paytm entered Japan as PayPay through a joint venture (JV) with SoftBank Corporation and Yahoo Japan Corporation |
| 2017 |
Paytm crosses 200 million wallets. |
| 2017 |
Paytm wins Best Digital Wallet award at the 11th IAMAI India Digital Summit. |
| 2016 |
Paytm wins the Mobile Wallet Provider of the Year Award in the B2C category at the Frost & Sullivan Awards Ceremony. |
| 2015 |
IRCTC, that handles the catering, tourism and online ticketing operations of the Indian railways, added Paytm as one of the payment options 50 million wallet s registered on Paytm and Paytm ties up with Uber. |
| 2014 |
Launched Semi closed wallet and reached a mark of 22 million registered customers. Launched Paytm marketplace |
| 2013 |
Adopted Immediate Payment Services (IMPS) as a new payment method |
| 2012 |
Launch of ticket and bills vertical in Paytm. |
| 2010 |
Launches Paytm as an online recharge portal. |
| 2001 |
One97 launched. |
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