29:
283:
The company's initial share sale aimed to raise ₹18,300 crore at a band of ₹2,080-2,150, valuing it at ₹1.39 trillion. The company's IPO was subscribed 18% on the first day, having received bids for 8.742 million shares against the total issue size of 48.4 million shares. Its IPO was subscribed 48%
219:
in 2009 as a digital payments platform to facilitate cashless payments. It owns various businesses and subsidiaries – Paytm
Payments Bank, Paytm Payments Gateway, Paytm Payout, Paytm Money, Paytm Insider, Paytm Insurance, Paytm Postpaid, Paytm for Business, Paytm Credit Cards, and Paytm First Games.
292:
According to RedSeer, it has the largest payments platform in India with a gross merchant value of Rs 4,033 billion in the financial year 2021. According to its annual 2021 report, One97's revenue from operations dropped 14% to Rs 2,802 crore for FY 2021. However, losses narrowed to Rs 1,701 crore
271:
One97 Communications was scheduled to launch its IPO In
November 2010. However, it shelved the listing plans last moment, citing volatile market conditions. On 16 July 2021, the company filed draft prospectus for its IPO of up to ₹16,600 crore and various news outlets reported it to be India's
243:, which made its valuation jumped to over $ 8 billion. Paytm raised $ 300 million from Warren Buffett’s Berkshire Hathaway in September 2018. In November 2019, the company secured $ 1 billion in a Series G funding led by T Rowe Price and existing investors Ant Financial and
284:
on the second day and it was fully subscribed on the final day of the issue. However, its shares fell 13% and 27% respectively on the days succeeding its listing and has continued to slide sparking criticism on its valuation methodologies, inviting regulatory scrutiny.
188:. It was founded in 2000 by Vijay Shekhar Sharma. Through its subsidiaries and businesses, the company offers digital payment and financial services to consumers and merchants in India. It also provides mobile advertising, marketing and payments for merchants.
232:. In January 2015, Ant Financial Services Group picked 25% stake in the company. In March 2015, Ratan Tata made a personal investment in One97 Communications's Paytm and joined as an adviser of the company. It received funding of $ 60 million from
296:
One97 Communications reduced losses by 28% to Rs 2,833 crore in the FY 2019-20. Its overall expenses were reduced by 20% in 2019-20 to Rs 5,861 crore compared to Rs 7,254 crore in 2019-18. Its revenue also declined 1% to Rs 3,350 crore in FY20.
305:
In August 2009, One97 Communications was awarded the
Emerging Company of The Year at the 10th Annual Voice&Data Award 2009 for its contribution to the VAS space. In the same year, it was also awarded the
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Leaders of
Tomorrow Awards 2010. In May 2011, One97's product Talk2Me was awarded the Best Innovative VAS Product at the ET Telecom Awards by
1376:
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1101:
562:
1020:
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195:
after the largest ever initial public offering (IPO) in India's history. It was listed on Indian stock exchanges on 8 November 2021.
315:
311:
310:
India award in 2009. In
December 2010, One97 Communications won the Best Digital Innovation category for its 'TalktoMe' product at
1127:
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362:
273:
404:
742:
665:
443:
386:
331:
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236:'s investment funds Mountain Capital, which made the company's valuation at $ 4.8 billion in August 2016.
1288:"Top PE/VC-backed Indian companies, investment banks, law firms honoured at VCCircle Annual Awards 2013"
765:
390:
1183:"Voice&Data Award 2009 bestows Bharti CEO Manoj Kohli with Telecom Person of the Year award"
1168:
669:
277:
263:
platform followed by the acquisition of Plustx, a cross-messaging platform in August 2013.
251:
also participated in the round. Paytm raised Rs 9,000 crore ($ 1.4 billion) from SoftBank.
244:
204:
114:
72:
1182:
341:
In March 2014, One97 was announced as the Most
Innovative Company of the Year 2014 at the
8:
854:"One97 Communications acquires MobiVite to consolidate footing in mobile marketing space"
131:
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951:
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during this year, compared to Rs 2,942 crore loss reported in the fiscal year 2020.
524:"Paytm makes history; India's largest IPO bidding ends with 1.89x oversubscription"
260:
349:'s Disruptive Digital Innovator Award. The company was ranked #309 in the list of
1221:"General Motors, One97 and ICICI Lombard win in first IAMAI India Digital awards"
338:
Annual Awards 2013 for the best PE/VC-backed Media & Communication
Company.
1131:
1039:"Paytm IPO fully subscribed on final day of issue. GMP, other key details here"
1024:
817:"Paytm raises $ 1.4 billion from Softbank, valuation jumps to over $ 8 billion"
783:
725:"Paytm raises $ 1.4 billion from Softbank, valuation jumps to over $ 8 billion"
588:
248:
240:
192:
1234:
1147:"IPO-bound Paytm's revenue drops 14% in FY21, losses narrow to Rs 1,701 crore"
1355:
447:
181:
87:
892:"One97 taps IPO market in new, bigger avatar 11 years after aborted attempt"
228:
In
October 2011, One97 Communications received funding of $ 10 million from
28:
835:"One97 Communications raises over $ 660 mn from investors including Alipay"
608:
948:"Paytm IPO, India's largest ever, seen as a 'high-risk' bet for investors"
1324:"Winner of Disruptive Digital Innovator Award: One97 Communications Ltd"
47:
1253:"Powered by One97, Airtel Talk2Me Awarded Best Innovative VAS Product"
1102:"After Paytm Flop Show, India Tightens IPO Valuation Scrutiny: Report"
1238:
1076:"Paytm tumbles another 13% after first-day IPO flop - Times of India"
1061:
929:"Paytm files for India's largest IPO, eyes $ 25 bn-$ 30 bn valuation"
462:"Paytm files for India's largest IPO, eyes $ 25 bn-$ 30 bn valuation"
323:
208:
58:
762:"Buffett's Berkshire Hathaway Invests in India Mobile-Payments Firm"
1291:
1273:
1042:
988:
566:
335:
233:
176:
is an Indian multinational technology company, headquartered in
685:"CCI approves Softbank's 20% stake buy in One97 Communications"
319:
216:
212:
185:
177:
151:
125:
82:
62:
780:"Berkshire Hathaway Invests in India's One97 Communications"
1327:
910:"One97 Communications files DRHP for Rs 16,600 crore issue"
481:"Paytm hits fresh lifetime low, trades 75% below IPO price"
346:
239:
In May 2017, the company raised $ 1.4 billion from Japan's
1165:"Paytm parent One97 in red for 7th year, but cuts losses"
1128:"What Paytm's IPO Prospectus Tells Us About Its Business"
873:"One97 acquires local language messaging startup Plustxt"
1387:
Companies listed on the
National Stock Exchange of India
1058:"India's biggest public offer subscribed nearly 2 times"
799:"Paytm gets $ 1 billion topup in latest financing round"
542:"Unicorns with valuation over $ 1 billion rise in India"
625:"SAP invests $ 10m in Delhi-based One97 Communications"
334:
Asia
Pacific list in 2012. The company was awarded the
985:"Paytm best bet to ride fintech, but valuations lofty"
966:"Biggest IPO, biggest crash: Paytm tanks 27% on Day 1"
272:
largest Initial public offering ever. It is listed on
1345:
604:"One97's Paytm banks on the future of mobile wallets"
162:
1145:
Mishra, Digbijay; Manikandan, Ashwin (5 June 2021).
760:
Purnell, Newley; Friedman, Nicole (27 August 2018).
683:
Srinivasan, Supraja; Ganguly, Payal (18 July 2017).
203:
One97 Communications Limited was founded in 2000 by
259:In December 2012, the company acquired MobiVite, a
723:Chanchani, Madhav; Variyar, Mugdha (19 May 2017).
642:
640:
682:
1353:
1144:
722:
578:
576:
1003:"Paytm parent's IPO sees muted demand on day 1"
759:
648:"Ratan Tata invests in Paytm, joins as adviser"
637:
1021:"Paytm IPO subscribed 48% at the end of day 2"
563:"Vijay Shekhar Sharma: The 'no cash' champion"
330:. One97 Communications was ranked #493 in the
1392:Companies listed on the Bombay Stock Exchange
573:
704:"Mediatek invests $ 60m in Paytm at $ 4.8bn"
796:
27:
438:
436:
300:
1197:"Deloitte Technology Fast 50 India 2009"
946:Kaur, Malavika Makol (9 November 2021).
716:
316:Internet and Mobile Association of India
1306:"BS awards 2014: And the winners are …"
982:
797:Shrivastava, Aditi (25 November 2019).
16:Indian multinational technology company
1354:
701:
582:
433:
385:Kumar, John Satish (9 December 2010).
1372:Financial services companies of India
1125:
1055:
926:
889:
870:
851:
622:
560:
384:
380:
378:
1377:2000 establishments in Uttar Pradesh
1362:Indian companies established in 2000
945:
852:Abrar, Peerzada (18 December 2012).
353:Next 500 company for the year 2017.
983:Sultana, Nasrin (8 November 2021).
702:Mishra, Digbijay (30 August 2016).
623:Abrar, Peerzada (11 October 2011).
601:
583:Joseph, Lancelot (23 August 2021).
561:Verma, Shrutika (2 December 2016).
13:
375:
211:. The company is headquartered in
14:
1403:
1338:
1235:"Leaders of Tomorrow Awards 2010"
1056:Gupta, Yashi (17 November 2021).
871:Abrar, Peerzada (8 August 2013).
602:Rai, Saritha (18 November 2015).
478:
387:"One97 Communications Defers IPO"
363:List of unicorn startup companies
506:"Paytm shares listing on Nov 18"
345:'s Awards. In July 2015, it won
318:. It won Company of the Year at
274:National Stock Exchange of India
1316:
1298:
1280:
1259:
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1213:
1189:
1185:. Telecom Tiger. 8 August 2009.
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585:"Flexing its technology muscle"
554:
1255:. Telecomlead.com. 9 May 2011.
534:
516:
498:
472:
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415:
397:
254:
1:
1082:. Bloomberg. 22 November 2021
927:Modak, Samie (27 July 2021).
890:Modak, Samie (16 July 2021).
368:
287:
1382:Softbank portfolio companies
743:"Paytm raises $ 660 million"
666:"Paytm raises $ 660 million"
332:Deloitte Technology Fast 500
191:In 2021, the company became
7:
1126:Dugal, Ira (16 July 2021).
356:
10:
1408:
405:"One97 Communications Ltd"
308:Deloitte Technology Fast50
223:
198:
1223:. Afaqs. 9 December 2010.
314:'s Digital Awards by the
157:
147:
121:
108:
98:
78:
68:
53:
43:
35:
26:
1367:Companies based in Noida
174:One97 Communications Ltd
766:The Wall Street Journal
391:The Wall Street Journal
301:Awards and recognition
266:
670:The Telegraph (India)
280:since November 2021.
278:Bombay Stock Exchange
215:, India. It launched
245:SoftBank Vision Fund
205:Vijay Shekhar Sharma
115:Vijay Shekhar Sharma
73:Vijay Shekhar Sharma
22:One97 Communications
1209:on 1 February 2014.
1171:. 24 December 2020.
1045:. 10 November 2021.
972:. 19 November 2021.
841:. 13 December 2019.
672:. 13 December 2019.
132:Paytm Payments Bank
57:2000 24 years ago,
23:
1151:The Economic Times
1080:The Times of India
1027:. 9 November 2021.
1009:. 9 November 2021.
1007:The Economic Times
970:The Economic Times
952:The Economic Times
914:The Economic Times
877:The Economic Times
858:The Economic Times
803:The Economic Times
729:The Economic Times
709:The Times of India
689:The Economic Times
630:The Times of India
547:The Times of India
485:The Economic Times
328:The Economic Times
141:Paytm Smart Retail
139:Paytm First Games
21:
1310:Business Standard
933:Business Standard
896:Business Standard
839:Business Standard
786:. 27 August 2018.
528:Financial Express
466:Business Standard
427:Business Standard
423:"company history"
343:Business Standard
249:Discovery Capital
230:Sapphire Ventures
171:
170:
1399:
1348:
1346:Official website
1332:
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1312:. 24 March 2015.
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1241:. 11 April 2012.
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1202:. Archived from
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261:mobile marketing
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24:
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1330:. 18 July 2015.
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1294:. 9 April 2013.
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916:. 16 July 2021.
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652:Hindustan Times
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550:. 13 July 2021.
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193:publicly listed
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137:Paytm Insurance
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1339:External links
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1169:Business Today
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1109:. Retrieved
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79:Headquarters
36:Company type
18:
255:Acquisition
135:Paytm Money
100:Area served
1356:Categories
369:References
288:Financials
129:Paytm Mall
110:Key people
48:Technology
1239:IndiaMART
1062:CNBC TV18
324:IndiaMART
209:New Delhi
104:Worldwide
59:New Delhi
1292:VCCircle
1274:Deloitte
1111:14 March
1106:NDTV.com
1086:14 March
1043:Livemint
989:Livemint
567:Livemint
490:22 March
357:See also
336:VCCircle
234:MediaTek
122:Products
44:Industry
1276:. 2012.
450:. 2017.
351:Fortune
224:Funding
199:History
158:Website
69:Founder
54:Founded
1267:"Tech"
320:ET Now
148:Brands
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