Paytm
a fintech E-commerce in India, Owned by One 97 Communication Limited ,has its
headquarter located at Noida. Paytm was launched in 2010 as a prepaid mobile
recharge website by Mr. Vijay Shekhar Sharma the CEO and Founder. Paytm has
become one of the big market in itself providing A-Z services to customers all
over the world suitable for all mobile users (i.e android, windows and Ios). It
now covers all most all the spectrum of E-commerce Industry with its wide range
of service base such as mobile recharge , online payment of bills , shopping
online with products similar to other wellknown E-commerce giants like Amazon,
Flipkart etc. , Moive tickets booking online , Booking travel tickets online ,
Mobile marketing , Downloading music and videos online , Etc.
Highlights- Background and Future
Prospective of Paytm:
Strategic
Investors - Ratan Tata, Alibaba Group Company
-Ant Financial Services, ICICI Bank and ICICI Lombard, SAIF Partner, SAP
Venture, Reliance Capital, Silicon Valley Bank and many more well-known fund
houses.
Merchant
Partners- ganna.com, Uber, OYO, Bookmshow,
Dominos, Makemytrip, Spicejet, Jabong, etc.
Major
Cliental Base – Airtel, Vodafoen, Videocon, Google, Samsung
, Nestle , ICICI Prudential , Mahindra , Audi, Jonshon and Jonshon, Indiamart,
LG, Birla Sunlife, etc.
In 2014 Paytm launched
Mobile Wallets Facility, which has
fetched the company 17+ crores wallet
users till date having around 30+ lacs transactions proceeded per day.
Geographical Expansion in Singapore and South East Asian
Market through launch of Crowd Funding
Website – “Milaaps” by Saurabh Sharma.
Demonetization of currency has benefited a lot to Paytm due to Digitalization of money transaction,
Cashless economy policy of government and easy payment and transfer options to
clients. This added more cliental base to Paytm increasing transactions
preceded per day.
In 2015 Paytm Acquired Payment
banking License from RBI. The Bank intends to use Paytm’s existing user
base for offering new services, including debit cards, savings accounts, Online
banking and transfer to enable a cashless economy.
Paytm
plans to enter AUM (Asset Management)
Market a month before starting off the payment bank. It this enable the
user to not only use the saving account facility but earn more interest by
diversifying their money over wide range of financial products such as Mutual
Funds which are super liquid.
Thus
from long term prospective Patym i.e One
97 Communication Limited is an attractive Investment as economy turns to be
cashless , Business growing day by day in terms of customer base, volume of transactions,
merchant partners etc. , Expansion to new horizons and new product launches
along with strategic investors showing good faith in future of the company.
For
buying and selling any unquoted / unlisted / delisted or suspended shares in
physical or demat you can reach us at Contact No.91+ 09215709100 or Email us on
mittalmanish2003@gmail.com
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