# Paytm

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paytm

- Industry: Financial Services
- Headquarters: Noida, India
- Website: www.paytm.com
- Total disclosed funding: $1.7B
- Latest round: Series G (Dec 13, 2019)
- Investors on record: 16

## About

Paytm, based in India, offers a digital payment platform that facilitates a wide range of financial services, including transactions, bill payments, and ticket bookings, enhancing convenience for users across various sectors.Founded in 2000 by Chprasanth Sankar, Prasanth Krishna, and Vijay Sharma, Paytm is a digital payment and financial services company headquartered in Noida, India. The company has undergone significant transformations, notably raising INR 18.3 billion in an IPO in November 2021, which positioned it at a valuation of INR 20 billion post-money. Paytm has secured a total of INR 2,436 mn through its most recent PIPE round on May 8, 2023, with Morgan Stanley Investment Management as a key investor. The firm has successfully completed a total of 29 deals.Paytm is India's leading digital payment platform, primarily offering a comprehensive suite of financial services that includes Unified Payments Interface (UPI) transactions, mobile recharges, bill payments, ticket bookings, and other financial solutions. The company’s integrated mobile app facilitates seamless transactions that empower users to manage and pay for a variety of services, including utilities such as electricity, landline, water, and gas bills. Paytm's core offerings also extend to online ticket booking for flights, trains, and buses, as well as entertainment access through movie ticket sales. The platform serves a diverse customer base, encompassing individual users, small businesses, and larger enterprises across multiple regions within India, ensuring convenience and efficiency in payment processing. By expanding its reach beyond traditional payment methods, Paytm effectively addresses the complexities of personal finance management in a rapidly digitizing economy.In the most recent financial year of 2022, Paytm reported a revenue of INR 667,754,869.4 and an EBITDA of -INR 316,734,517.9, reflecting its operational performance during that period.Paytm aims to enhance its product offerings and market presence. Following its recent PIPE funding, the company plans to invest in its IPO initiatives and launch upcoming products to better serve its user base. Additionally, Paytm is exploring opportunities to expand into new geographic regions, reinforcing its commitment to adapting to global market trends. The company continues to engage in strategic partnerships and is focused on leveraging its platform to further enhance its operational capabilities.

## Funding rounds

- Series G, Dec 13, 2019, $668M — T Rowe Price, Softbank Capital, Alipay Investment Holding Pte. Ltd.
- Series G, Nov 24, 2019, $1B — T Rowe Price, Discovery Capital, Samba Financial Group, Ant Group, SB Investment Advisers, D1 Capital Partners, K2 Venture Capital, Hana Securities
- Series C, Oct 10, 2011, $10M — Sapphire Ventures
- Series B, Jan 14, 2009 — SVB Capital, Intel Capital, Elevation Capital
- Series A, Apr 12, 2007 — SAIF Partners, Silicon Valley Bank

## Investors

- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Series A
- Silicon Valley Bank — Series A
- SVB Capital (https://capitalatlas.ai/funds/svb-capital) — Series B
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- Elevation Capital — Series B
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series C
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series G
- Discovery Capital (https://capitalatlas.ai/funds/discovery-capital) — Series G
- Samba Financial Group — Series G
- Ant Group (https://capitalatlas.ai/funds/ant-group) — Series G
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series G
- D1 Capital Partners (https://capitalatlas.ai/funds/d1-capital-partners) — Series G
- K2 Venture Capital (https://capitalatlas.ai/funds/k2-venture-capital) — Series G
- Hana Securities (https://capitalatlas.ai/funds/hana-securities) — Series G
- Softbank Capital (https://capitalatlas.ai/funds/softbank-capital) — Series G
- Alipay Investment Holding Pte. Ltd. — Series G