Founded in 2010 by Vijay Shekhar Sharma, Paytm is one of the biggest digital payments and financial services companies in India offering full-stack payments & financial solutions to consumers, offline merchants and online platforms. Owned by One97 Communications, Paytm filed for an IPO back in July 2021 and went public in November, making it India’s biggest-ever tech IPO.
Founded Date: August 2010
Founder: Vijay Shekhar Sharma
Parent Company: One97 Communications
IPO Date: November 2021
Headquarter: Noida, Uttar Pradesh
Paytm Revenue Statistics (2022)
+ Paytm confirmed on December 13, 2022 that it will spend up to $103 million, or $127 million inclusive of all taxes and other expenses, to buy back its equity shares. (Paytm)
+ For the second quarter of 2022, Paytm revenue was 16.8 billion rupees ($211.16 million), up 89% year-over-year. Shares of the company jumped over 6% on the day Q2 earnings released to their highest levels in nearly six months, after One 97 Communications Ltd posted an 89% surge in its quarterly revenue.
Paytm User Statistics (2022)
In the last quarter of 2021, the number of Paytm monthly transacting users surpassed 70 million, up 51% year-over-year. (Paytm)