PayTM
PayTm Journey
PayTm's Founder and History
PayTm is a unicorn of India which founded its founder Vijay Shekhar Sharma.
It founded with the initial investment of united states 2 million dollars in Noida which is a location comes under Delhi NCR.
PayTm's founded its founder as a Fintech - Payments & Wallet.
It means PayTm's offer Fintech - Payments & Wallet related services to its users.
PayTm Unicorn Status
PayTm comes in the group of unicorns of India on February, 2015 when it valuation was reach to $1.7 billions.
According to the Venture intelligence the last round investment valuations of PayTm's counted approx. 16 billions dollars which is still growing rapidly.
Initially like Flipkart PayTm's was also introduced by its founder Vijay Shekhar Sharm as a Private company.
But later it become a publicly listed company which means now PayTm can ask to general public for buying shares and debentures of PayTm's.
If we want to talk about the major investors of PayTm's than their are some key peoples or organizations who invested in PayTm's.
PayTm's Investors
Some of these investors include Saama Capital, Elevation Capital, Alibaba, Berkshire Hathway.
These peoples or organizations also known as pillars of successful investors in PayTM's.
Their can be multiple investors are their but these are most knowing names.
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Recently Paytm is in a discussion with Zomato for a reason that Paytm to Sell Movie Ticketing Biz to Zomato for INR 1,500 Cr. This potential deal marks a significant strategic move for both companies, as they look to realign their core business focuses and expand their market reach. The Core of the Deal The […]
Marshall Wace Sells Paytm Stake in INR 25 Cr to BNP Paribas
Recently Marshall Wace sells Paytm stake in INR 25 Cr to BNP Paribas. Let’s break down the information and understand about this news completely. In a significant move within the fintech sector, UK-based hedge fund Marshall Wace has sold its stake in Paytm. This transaction took place through a block deal, marking an important event […]
Paytm Stock Grow 6% After Samsung Partnership Announcement
Nowadays their is a news in trend about the partnership of Paytm and Samsung and due to this news Paytm Stock Grow 6%. In an exciting development, Paytm, a leading digital payments company in India, saw a significant surge in its stock price. This remarkable gain comes in the wake of a strategic partnership with […]
Paytm Shares Rise 5.82% Amid Major Company Restructuring
Shares of fintech major Paytm saw a significant boost today, ending the trading session at INR 402.65. Paytm Shares Rise 5.82% from the previous close of INR 380.50. The surge in share price comes amid multiple reports highlighting extensive restructuring within the company. But even after this rise the share price of Paytm not able […]
Swati Rustagi Exits Paytm: Journey Towards Adobe Begins
Swati Rustagi Exits Paytm because to grab the opportunity provided by Adobe by joining Adobe. In an exclusive development shaking the corridors of Paytm, Swati Rustagi, the Chief Human Resources Officer (CHRO), has tendered her resignation. Her departure, arriving just over a year since she embarked on her journey with the Vijay Shekhar Sharma-led company, […]
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Paytm plans job cuts for cost efficiency as part of a restructuring. Uncertainty looms as the company seeks to optimize its workforce and enhance market position. In a bid to streamline operations and enhance cost efficiency, Paytm, the digital payment giant, is contemplating another round of job cuts. This move comes as part of a […]