Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables merchants to receive payments through QR code payment, Soundbox, Android-based-payment terminal, and online payment gateway. In partnership with financial institutions, Paytm also offers financial services such as microcredit and buy now, pay later to its consumers and merchants.
Paytm has 39,368 total employees. The trailing twelve month revenue for Paytm is $879M. It launched its IPO in November 2021, raising ₹18,300 crore (US$1.9 billion) at a valuation of US$20 billion. The company operates across payments, financial services distribution, and merchant payment solutions.
Recent Leadership News
Paytm announced the appointment of Mr. Ramana Kumar as Chief Executive Officer for its Middle East business, with two decades of fintech and banking leadership. Saujanya Shrivastava has been appointed as Chief Executive Officer – New Initiatives at Paytm, marking a key leadership move as the company sharpens its focus on innovation-led growth.
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