About Paytm Money
Paytm Money is a company based in Bengaluru (India) founded in 2017 by Vijay Shekhar Sharma. Paytm Money has raised $4 million across 1 funding round from investors including One97 Communications. The company has 111 employees as of March 28, 2024. Paytm Money offers products and services including Mutual Funds, Stock Trading, and NPS Retirement Funds. Paytm Money operates in a competitive market with competitors including Groww, Angel One, Upstox, Tiger Brokers and Interactive Brokers, among others.
- Headquarter Bengaluru, India
- Employees 111 as on 28 Mar, 2024
- Founders Vijay Shekhar Sharma
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Paytm Money Limited
- Date of Incorporation 20 Sep, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$15.97 M (USD)93.08as on Mar 31, 2023
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Net Profit
$5.14 M (USD)498.64as on Mar 31, 2023
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EBITDA
$5.12 M (USD)407.5as on Mar 31, 2023
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Series A
Mar 06, 2019
- Investors
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Employee Count
111
as on Mar 28, 2024
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Products & Services of Paytm Money
Paytm Money offers a comprehensive portfolio of products and services, including Mutual Funds, Stock Trading, and NPS Retirement Funds.
Platform for direct mutual fund investments with higher returns.
App for online buying and selling of stocks.
Service for national pension system investments and pension building.
People of Paytm Money
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Funding Insights of Paytm Money
Paytm Money has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Paytm Money
Paytm Money has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include One97 Communications.
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Wallet-based payment solutions are provided for consumers and businesses.
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Investor details for Paytm Money
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Paytm Money
Investment portfolio details for Paytm Money
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- Transaction dates
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Financial Statements - Paytm Money
Detailed financials for Paytm Money
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Paytm Money Comparisons
Peer comparison for Paytm Money
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Competitors of Paytm Money
Paytm Money operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Groww, Angel One, Upstox, Tiger Brokers and Interactive Brokers, among others.
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An online platform for investments and trading services is offered.
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App-based brokerage stock trading platform
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Tech-driven trading platform is offered for low-cost brokerage services.
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Online trading of stocks, securities, and options is enabled.
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Provider of online brokerage services and trading platforms
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Online platform for stock trading, mutual funds, and investment tools.
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Detailed competitors of Paytm Money
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Latest news on Paytm Money
Complete news archive for Paytm Money
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Frequently Asked Questions about Paytm Money
Paytm Money was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Paytm Money is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vijay Shekhar Sharma is the current CEO of Paytm Money. They have also founded this company.
Paytm Money is a funded company, having raised a total of $4M across 1 funding round to date.
As of Mar 28, 2024, the latest employee count at Paytm Money is 111.
Annual revenue of Paytm Money is $15.97M as on Mar 31, 2023.
Founded in 2017 and headquartered in Bengaluru, India, Paytm Money operates as a fintech platform focused on investment services. Mutual funds managed by partner asset management companies are offered for direct investment, alongside stocks and ETFs. The mobile application, available on iOS and Android, supports buying, selling, and portfolio management for users across the country. Regulatory compliance is maintained through dedicated oversight.
Paytm Money offers Mutual Funds, Stock Trading, and NPS Retirement Funds.
Paytm Money has 1 investor. Key investors include One97 Communications.