Paytm is India's leading financial services company that offers
fullstack payments & financial solutions to consumers, offline
merchants and online platforms. The company is on a mission to bring
half a billion Indians into the mainstream economy through payments,
commerce, banking, investments, and financial services. One97
Communications Limited that owns the brand Paytm is founded by Vijay
Shekhar Sharma and is headquartered in Noida, Uttar Pradesh. Its
investors include Softbank, Ant Financial, AGH Holdings, SAIF
Partners, Berkshire Hathaway, T Rowe Price, and Discovery Capital.
Vijay Shekhar Sharma, Founder & CEO of Paytm and One97
Communications Limited together own Paytm Payments Bank, country's
largest digital bank with over 58 million account holders. Working
on its mission to bring un-served & under-served Indians under the
formal banking system, it has made banking accessible & convenient
to people across the country through innovative use of technology.
It's wholly-owned subsidiary 'Paytm Money' has achieved the
distinction of becoming India's biggest investment platform within
its first year, and is now one of the largest contributors of new
Systematic Investment Plans (SIPs) to the Mutual Funds industry; it
has already received approvals to launch Stock Broking, Demat
Services and National Pension System (NPS) services, and strives to
continue to broaden the financial services and wealth management
opportunities to the unbanked and underserved Indians.
Paytm First Games, which is another group company (a joint venture
between One97 Communications Ltd and AG Tech Holdings), has quickly
become India’s go-to gaming and stayat-home entertainment option for
millions of users across the country. The platform caters to all
types of gamers with an exhaustive array of games for amateurs as
well as e-sports for gaming pros.
Paytm Insurance is a wholly-owned subsidiary of One97 Communications
Ltd (OCL) and has secured a brokerage license from IRDAI. It offers
insurance products to millions of Indian consumers across four
categories including two-wheeler, four-wheeler, health and life. The
company aims to simplify insurance and create a seamless, easy to
understand online journey for its customers.