One97 Communications (Paytm) Unlisted Pre IPO shares

Paytm is leading e-commerce brand
Paytm is a leading e-commerce payment system and digital wallet company

One97 Communications is India’s leading e-commerce.  One97 runs Paytm, India’s largest digital goods marketplace.  Paytm is also a leading payment solutions provider to e-commerce merchants using its RBI approved semi-closed wallet.  The company’s stock is in huge demand and its share price is soaring regularly and the company might plan IPO in near future.

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One97 delivers mobile content and commerce services to millions of mobile consumers through India’s most widely deployed telecom applications cloud platform.

Headquartered in New Delhi, One97 has regional offices in Mumbai, Bengaluru, Pune, Chennai and Kolkata with global presence in Africa, Europe, Middle East and Southeast Asia. The company is backed by marquee investors like Alibaba Group, Ant Financial (AliPay), SAIF Partners, Mediatek, Sapphire Venture and Silicon Valley Bank.


PayTM Payments bank to go live on 21 February 2017

Paytm Payments Bank Ltd, which got a final approval from the Reserve Bank of India last month to run and operate a payments bank in the country, will start commercial operations on 21 February 2017.

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Rivals such as Airtel and India Post have already launched their operations and have been pushing it through massive advertisements and campaigns.

Other applicants such as Fino Paytech, National Securities Depository and Mukesh Ambani-led Reliance are also likely to launch their respective banks by May.

Paytm Payments Bank plans to leverage its wallet business that will soon get merged with the banking entity.

Fino Paytech is touted to be the biggest beneficiary of Demonetisation