Paytm One 97 Communications Limited Pre IPO

Paytm One 97 Communications Limited Pre IPO Latest updates on Paytm One 97 Communications Limited Pre IPO sales, operating expenses, employees cost, the total number of shares, interest income, taxes and net profit/loss in different financial years. One 97 communication was Incorporated on 22 December in 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 applications 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 the e-commerce business segment.

Company is going to launch stock brokerage services in a few weeks. The Noida-based firm received a 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 benefits 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 feature with no MDR on the Transactions 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.

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Planify Consultancy India Private Limited 91 Springboard NH8-Udyog Vihar, 90B, Sector 18, Gurugram, Haryana https://www.planify.in 7065560002