PayTM

basic info

http://www.paytm.com8 Years Old
Noida, IndiaInternet
1001-5000 EmployeesPrivate company

PayTM impact

15,000
Merchants accepting Paytm wallet
60million
Transactions per month on Paytm
15million
Paytm Wallet Users
80million
Paytm Users
30million
App downloads

about PayTM

One97 Communications represents the young entrepreneurial India one that believes in the potential that lies ahead, one that envisions things before they become a reality and one that leads by innovating.Write about yourselfs.However, it all started small but with a lot of energy and vision to foresee like most great ideas. Today One97 Communications is a leading Mobile Internet player in India firm in India with the best teams of employees, investors and customers behind it.

vision

Go Big or Go Home

PayTM story

Nov-2009
Founded and incubated by One97 Communications
It initially focused on Mobile and DTH Recharging.
Nov-2011
Most Innovative Startup of the Year
Recognized as the Most Innovative Startup of the Year at the Entrepreneur India event organized by Franchise India
Nov-2012
Acquired self-service mobile marketing platform MobiVite for up to $500K
One97 Communications Ltd closed a deal to acquire Delhi-based mobile marketing platform MobiVite. MobiVite offers a SaaS-based platform that enables small businesses, marketing agencies and brand managers to create mobile websites and execute engaging mobile web campaigns.
Nov-2012
Gold Winner for mCommerce
Gold Winner at the MMA Smarties for mCommerce
Nov-2012
Knowledge Faber Best Mobile Wallet Program Award
Wins Knowledge Faber Best Mobile Wallet Program Award
Jul-2013
Acquired Plustxt for under $2M
Acquired the cross-messaging platform Plustxt, run by Bangalore-based Plustxt Mobile Solutions Pvt Ltd, for under $2 million in a cash-and-equity deal.
Nov-2013
Wins Best Mobile Money product
Wins the Best Mobile Money product at the 4th India Digital Awards
Apr-2014
Becomes the largest digital commerce company in India
Reports 350% growth in 2013 over 2012.75 to 80% of its revenue comes from mobile recharge followed by DTH and retail.
Nov-2014
Smart Innovators of 2014 at the Inc India Awards
One97/Paytm recognized among Smart Innovators of 2014 at the Inc India Awards.
Nov-2014
Won the Frost & Sullivan India ICT Award
Won the Frost & Sullivan India ICT Award for Mobile Commerce Company of the Year in B2C segment.
Jan-2015
Jack Ma’s Alibaba enters India by buying 25% stake in Paytm
Alibaba backed Ant Financial Services Group and One97 Communications (One97), which runs mobile payment and commerce platform Paytm, announced a strategic agreement that will see Ant Financial take a 25 percent stake in One97 to support the growth of mobile payment and commerce platform in India.
Feb-2015
Secures funding from Ratan Tata
Raised an undisclosed amount of funding from Ratan Tata.He will join the company as advisor.
Feb-2015
Introduced Immediate Payment Service (IMPS)
With IMPS, Paytm users can now use their mobile wallets to transfer money into any bank accounts.The company has also announced plans to open about 50,000 retail outlets where over 25 million Paytm users will be able to load cash in their mobile wallets.
Mar-2015
Enters grocery segment in Bengaluru
The company will initially start with Bengaluru and plans roll out in Delhi by May this year.
Mar-2015
Partners with IRCTC for ticket booking
Announced a partnership with Indian Railway Catering and Tourism Corporation (IRCTC) to offer the Paytm wallet as a payment option on online train ticket booking. The move will enable users to use wallet instead of plastic based cards while booking railway tickets.The company plans to touch 25K daily ticket mark within 6 months.
Apr-2015
Received board approval to raise an additional $375 mn from a unit of Alibaba Group
Having exceeded the performance targets set by the investor for disbursal of funds, Paytm received board approval to raise an additional $375 mn from a unit of Alibaba Group, .The transaction will value the online payments processor and marketplace at $1.83 billion, making it one of India’s four most valuable Internet start-ups.
Jun-2015
Enters travel market with bus ticketing, processes 15K bus tickets daily
The company has tied up with several travel aggregators to get almost all bus routes on its system, and has achieved 100% growth since its launch in February this year

PayTM products & services

Top-ups

Top-ups for Mobile, DTH, Data Card and utilities like landline & electricity

Bus Tickets

Book bus ticket on the web, via mobile internet or our smartphone apps.

Tunes

Lets callers listen to your choice of song, or your name, a prank or even a message. Can Choose from an endless range of PaytmTunes

Paytm Videos

Discover videos that you love to watch and share.Curated and organized videos from various categories and channelized into easy and awesome viewing

Superstar Talk

An entertaining voice and video based chat service that allows you to get up close and personal with your stars

Games

Access to endless games in all categories

Mobile Content

A variety of utility and entertainment content delivered to mobile.

PayTM team

Founder and CEO

Vijay Shekhar Sharma

Past: Tech head-India Today,Technical Team Member- Intersolutions India Pvt Ltd, Business Development- RiverRun Software GroupEducation : B.E- Delhi College of EngineeringLocation: New Delhi
Vice President - Business

Dushyant Saraswat

Past: Director - Disney Interactive Media Group (India)-The Walt Disney Company,Vice President- Zapak Digital Entertainment Pvt. Ltd.,Head Alliances, Cards- ICICI BankEducation : MBA-Symbiosis Institute of International BusinessLocation: Noida
Senior Vice President- Business

Kiran Vasireddy

Past: Regional Business Manager-IBM, Account Manager-ComverseEducation : MBA-University of Bedfordshire, B.E-University of BombayLocation: Noida
Regional Head - Business Development

Siddharth Pandey

Past: Head - Partnerships & Distribution- EXOTEL, Head - Business Development- Regional Airport-Holdings International Ltd.Education : B.E-Doctor Babasaheb Ambedkar Marathwada UniversityLocation: New Delhi
Vice President - Paytm Mobile Solutions Pvt. Ltd.

Amit Lakhotia

Past: Co-Founder and Director-GetMeCab.com, Product Manager and Business Head - B2B- MakeMyTrip.comEducation : MBA-IIM A, B.E- Netaji Subhas Institute of TechnologyLocation: New Delhi
Head - Social Media Marketing

Kanika Bains

Past: Corporate HR-94.3 MY FM - Synergy Media Entertainment Ltd., HR Executive-Times Out of Home (TIML), HR Executive-BCCLThe RecruitersEducation : M.A- Delhi University, B.A- Delhi UniversityLocation: Noida

PayTM office photos

Noida Office

( 36 photos )

PayTM office locations

Noida Office
B-121, Sector 5, Noida UP 201301
Noida
Uttar Pradesh 201301

Bangalore Office
Paytm Bangalore, No.144/533, 2nd floor, 22nd main, 150 Feet Ring Road, HSR Layout 1st Sector,, Agara
Bangalore
Karnataka 560102

PayTM amusing facts

Paytm is an acronym for "Pay Through Mobile"
    1. 1
      Paytm is an acronym for "Pay Through Mobile"
    2. 2
      Vijay Shekhar Sharma (founder of One97) came up with the name the name 'One97' as that was the direct enquiry service number of BSNL.
    3. 3
      Vijay Shekhar Sharma (founder of One97) started engineering at age of 15.
    4. 4
      The first thing Vijay Shekhar Sharma (founder of One97) did after selling Xs! Corporation (his first company) was to buy a colour TV for his family
    5. 5
      In their third year of engineering, Vijay Shekhar Sharma (founder of One97) and his batch mate, Harinder Takhar built company called Xs! Corporation. It was a web portal that offered web-guided services, including web directories, and was also a search engine. The company was sold in 1999 to Living Media India, which is now the India Today Group for half a million dollars

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