Paytm (One 97 Communications Ltd.)
One97 Communications is India’s leading mobile internet company. Paytm is a flagship brand of One97. Paytm was founded on Dec 22, 2000. It is India’s leading mobile payments and commerce platform. Using the Paytm wallet one can transfer money instantly to anyone at zero cost.
Headquartered in New Delhi, the company has regional offices in Mumbai, Pune, Bengaluru, Kolkata, and Chennai. It has a global presence in the Middle East, Africa, Europe, and Southeast Asia. It is backed by marquee investors like Alibaba Group, SAIF Partners, Mediatek, Sapphire Venture, Ant Financial (AliPay), and Silicon Valley Bank.
It offers cash-free transactions at restaurants, petrol pumps, coffee shops, grocery shops, multiplexes, and many more. Paytm provides various services like online recharge, DTH, Data Card, Metro Card Recharge and Mobile Bill Payment for various operators like Airtel, Aircel, BSNL, Tata Docomo, Idea, MTNL, and Vodafone, etc. across India. Using its RBI approved semi-closed wallet Paytm has become a leading payment solutions provider to e-commerce merchants.