Latest update about Paytm Pre IPO

Get The latest update on Paytm Pre IPO Planify will help you to know about Paytm Pre IPO and Paytm share price, Stock before buying, selling or investing - complete review and analysis.

About IPO: Paytm to consider IPO after generating cash, likely post 2021 ∙ Founder Vijay Shekhar Sharma said that Paytm will consider listing on the stock exchanges only after 2021, when the financial services and e-commerce firm is expected to start generating cash. The plan was always to start thinking of an IPO 2022 onwards.

About Company • Paytm one97 communications was Incorporated on 22 December in year 2000 by Mr. Vijay Shekhar Sharma Managing Director and Founder of one 97 communications.

• One 97 (PAYTM) is a provider of telecom value-added services it also develops and procures content and application to provide the relevant platform for the Value-added service products and services.

• PAYTM was established in 2010 under One97 Communications Ltd. As a prepaid mobile recharge website and company is continuously improving its services and shifting towards ecommerce business segment.

• Company is going to launch stock brokerage services in a few weeks. The Noida-based firm received nod from SEBI for stock broking in January. According to Sharma, the Stock brokerage services will come under Paytm Wealth feature.

• Company’s E-Commerce vertical does not get much success. Now the company is concentrating on the Financial Services and small finance bank business Like Stock broking, Mutual Fund Distribution and Payment Gateway.

• Small Finance Bank is the most profitable vertical of the company because of the huge customer base. So, it will give future benefit to the company.

• Paytm is currently available in 11 Indian languages and offers online use-cases. As per the company, over 7 million merchants across India use this QR code to accept payments directly into their bank account.

• Paytm launched an all –in –one QR code payments features with no MDR on the Transections made through UPI and Rupay card.

• Paytm, with over 350 million users, constituted the highest users base in digital payments in India for the year 2019.

Thank You

Name:Planify Consultancy India Private Limited Website:https://www.planify.in/ Phone no.:070655 60002 Mail:planify.in@gmail.com Address:90B, Delhi - Jaipur Expy, :, Udyog Vihar, Sector 18, Gurugram, Haryana 122008