Paytm share - 10 things to know with detail
- 1. Paytm is a leading digital payments platform in India, founded in 2010 by Vijay Shekhar Sharma.
- 2. Paytm offers a wide range of services including mobile recharges, bill payments, online shopping, ticket bookings, and more.
- 3. Paytm's parent company is One97 Communications, which was initially started as a mobile value-added services company.
- 4. Paytm has raised significant funding from investors such as Alibaba Group, SoftBank, Berkshire Hathaway, and more.
- 5. Paytm has a user base of over 350 million and processes over 1 billion transactions per month.
- 6. Paytm's mobile wallet allows users to store money digitally and make payments at various merchants online and offline.
- 7. Paytm also offers a payments bank, which allows users to open a savings account and earn interest on their deposits.
- 8. Paytm has expanded its services to include wealth management, insurance, and lending products.
- 9. Paytm's IPO was one of the most anticipated in India, with the company raising over $2.5 billion in its initial public offering.
- 10. Paytm's stock is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), and its performance is closely watched by investors and analysts.