Paytm
Paytm
MINOR PROJECT
COMPANY- PAYTM
Adm no-19192
Sec-C
Paytm is an Indian e-commerce payment system
and digital wallet company, based out of NOIDA
SEZ, India.
CEO: Renu Satti (23 May 2017–)
Founder: Vijay Shekhar Sharma
Founded: 2010
Revenue: 3,314 crores INR (US$480 million,
2018)
Headquarters location: Noida
Parent organization: One97 Communications
Company
ABOUT PAYTM: Paytm means “Pay through Mobile”. It is one of
the largest is one of the fastest growing Indian e-commerce shopping
websites launched in 2010. The name of the company who launched the
Paytm is One97 communication. Initially it is focused on Mobile and DTH
recharging. The Company headquartered in Noida, India. It gradually
provided recharging and bill payment of various portals including
electricity bills, gas bills as well as telephone bills. In 2014 Paytm has
started the business same like as the facilities are getting from the other
E- Commerce company such as Flipkart, Amazon, and Snapdeal.
Today, it is India's most popular online destination for prepaid mobile &
DTH recharges and shopping, and its Android and iOS apps have been
ranked among the most popular apps. In only 3 years since the
founding, the company created a user base of 25 million wallet users
and 10 million app downloads. SERVICE: In 2014, the company
launched Paytm Wallet, India's largest mobile payment service platform
with over 40 million wallets. The service became the preferred mode of
payment across leading consumer internet companies such as Uber,
Bookmyshow, Makemytrip. FUNDING: Paytm got a major boost in e-
commerce when Indian industrialist RatanTata made personal
investment in the firm in March 2015.In the same month, the company
received a $575 million investment from Chinese e-commerce company
AlibabaGroup, after Ant Financial Services Group, an Alibaba Group
affiliate, took 25% stake in One97 as part of a strategic agreement.
PARTNER: Paytm works with all mobile operators in all states in India
for prepaid mobile, DTH and Data card recharges and postpaid mobile,
landline and Data card bill payments. Its partners with the multiple
national banks, for credit card, debit card and net banking payme
Mission Statement
Platform that leverages our capabilities and value
propositions for our customers, while allowing us
to enhance the effectiveness of our efforts to
expand and consolidate our market position in
the growing and underpenetrated Peruvian
financial system.
Vision Statement
Our goal is to perue digital excellence,increase
earning growth and to perdure cross selling
opportunity.
For the coming year it has planned to add some new features and
services, to have around 5 million merchants to make and accept
digital payment in its platform. It is also planning to make the sales
and distribution companies to integrate in .
Major competitor
Flipkart
Paypal
Phone pay
Freecharge
Mobilewik