Paytm

Operating under the well-known brand 'Paytm,' this company is a dominant force in India's mobile payments and financial services distribution industry. Its primary mission is to build for India by focusing on bringing millions into the formal financial system and digitizing the economy. The company aims to bring unserved and underserved Indian consumers and businesses into the mainstream economy through its technology-led platform. It empowers merchants to accept a wide variety of payments using QR codes, Soundboxes, card machines, and online payment gateways. Beyond payments, the platform distributes financial services like loans, insurance, and wealth management to its large base of customers and merchants. In FY2024, its platform facilitated payments worth ₹18.34 Lakh Crore, showing a remarkable 38% growth compared to the previous year.;