Paytm

Fintech

Founded in 2010 by Vijay Shekhar Sharma, Paytm (Pay Through Mobile) pioneered digital payments in India. From mobile recharges to QR codes and financial services, it played a foundational role in India's digital economy transition.

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Official Paytm Careers Website

Quick Facts

Founded: 2010
Founder: Vijay Shekhar Sharma
Headquarters: Noida, India
Industry: Fintech

About Paytm

Paytm, owned by One97 Communications, was founded in 2010 by Vijay Shekhar Sharma in Noida. It started as a prepaid mobile and DTH recharge platform before adding a digital wallet in 2014. The platform experienced unprecedented growth during India's 2016 demonetization, becoming synonymous with digital payments via its ubiquitous QR codes.

Paytm expanded into a massive ecosystem including ticketing, e-commerce (Paytm Mall), wealth management (Paytm Money), and banking (Paytm Payments Bank). It listed on the Indian stock exchanges in 2021 in what was then India's largest IPO. In 2024, it faced significant regulatory challenges leading to the restriction of its Payments Bank unit.

What Paytm Does

Consumer Payments

UPI, wallets, and bill payments for retail consumers.

Merchant Solutions

QR codes, Soundboxes, and POS devices for offline and online merchants.

Financial Services

Loan distribution, insurance brokering, and equity/mutual fund investments via Paytm Money.

Commerce & Cloud

Ticketing (travel, movies, events) and software services for enterprises.

Career Areas

Types of professional roles found inside Paytm.

Software Engineering
Product Management
Data Science & AI
Sales & Merchant Acquisition
Design (UX/UI)
Risk & Compliance
Marketing

Paytm's History

2010
Founded
Paytm founded by Vijay Shekhar Sharma as a mobile recharge platform.
2014
Paytm Wallet launched
Paytm Wallet launched; Indian Railways and Uber added as major payment partners.
2016
Demonetization boom
India's demonetization drives exponential adoption of Paytm's digital wallet and QR codes.
2021
IPO
One97 Communications lists on Indian stock exchanges, raising $2.5 billion.
2024
Regulatory action
Reserve Bank of India (RBI) imposes strict restrictions on Paytm Payments Bank operations.

Purpose & Values

“To bring half a billion Indians into the mainstream economy”

Paytm states its mission is to build digital financial services that empower unserved and underserved Indians, driving financial inclusion through technology.

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