Paytm is India's largest mobile commerce platform offers a full marketplace to consumers and business owners, including train tickets and utilities payments etc. Paytm will launch credit cards in partnership with Citibank, which represents a new market segment for the unbanked.
Founder, Vijay Shekhar Sharma, started One97 Communication, Paytm was launched in 2010 as an online mobile recharge and bill payment platform. Now, Paytm considered as the avant garde of cashback business model in India, has become an undisputed leader in the domain of Mobile payments, E-wallets and E-commerce just to name a few.
In 2020, Paytm has expanded horizontally, adding asset management and insurance products into their offerings.
24H Tech Asia: Paytm in exploratory talks with three payment gateway firms 12 June 2021
Paytm Payments Bank recorded lowest TD rate among remitter banks 21 February2021
Paytm Money has opened Futures & Options trading for all at Rs10 19 February2021
*Valuations are estimates