Paytm
Paytm is an Indian electronic payment and e-commerce brand operating from Delhi NCR, India. It was launched by Vijay Shekhar Sharma in August 2010. Paytm was founded and incubated by One97 Communications Limited. It is the first Indian company to receive funding from Chinese e-commerce company Alibaba. After that, the company got drastic changes in valuation raised over $ 625 million to $1.5 billion. Now the company employs over 13,000 employees and serving with 3million offline vendors all over India.
It was the India’s largest mobile payment service with 150 + million wallets and 75 + million Android app downloads. It offering different services from their stores. Paytm Mall, Payments and Other online Bookings attracting the more customers with Cashback, Offers, discounts and quality service. The company launched their payment service was largely due to the demonetization of the 500 and 1000 rupee currency notes. From that day Paytm’s transactions and profit increased automatically.
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