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#Paytm Mall IPO
johnthejacobs · 27 days
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Paytm Mall Share Price Rallies High
Introduction
The financial markets have been abuzz with the recent surge in the Paytm Mall Share Price, signaling a significant development in the e-commerce landscape. This article delves into the factors driving the remarkable rally of Paytm Mall Share Price and its implications for investors and stakeholders alike. Established in 2017, Paytm Mall entered the digital marketplace scene, introducing an extensive array of products ranging from electronics, fashion, home essentials, kitchen appliances, and beyond. Paytm E-Commerce Private Limited serves as the e-commerce arm of One97 Communications Limited, the parent company of Paytm, a renowned entity in India's digital payments and financial services sector.
Paytm Mall has swiftly gained prominence as a leading e-commerce platform within the Indian market, boasting a staggering user base of over 100 million registered users. Facilitating a seamless shopping experience, Paytm Mall hosts an expansive network of over 3 million merchants, offering a diverse range of products to cater to varying consumer needs and preferences.
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Renowned for its diverse product selection, competitive pricing, and user-friendly payment options, Paytm Mall stands out as a preferred destination for online shoppers across the nation. Moreover, the platform introduces exclusive features to enhance customer satisfaction and convenience, setting itself apart in the competitive e-commerce landscape.
Among these distinctive offerings, the Paytm Mall Assured program ensures the authenticity and quality of all products available on the platform, guaranteeing customers peace of mind with every purchase. Furthermore, the Paytm Mall Easy Returns policy facilitates hassle-free returns or exchanges for products, ensuring utmost customer satisfaction.
In addition, Paytm Mall extends the convenience of purchasing products through easy monthly installments (EMIs) with its Paytm Mall EMI feature. This flexible payment option empowers customers to acquire desired products without the burden of immediate financial strain, further enhancing the platform's appeal and accessibility.
In essence, Paytm Mall has emerged as a trailblazer in India's e-commerce landscape, revolutionizing the online shopping experience with its diverse product offerings, competitive pricing, and customer-centric approach. As the platform continues to innovate and evolve, it remains a cornerstone of India's burgeoning digital economy, catering to the evolving needs and preferences of millions of online shoppers nationwide.
A Brief Overview of Paytm Mall
Paytm Mall, a subsidiary of the widely popular digital payments platform Paytm, emerged in 2017 as an online marketplace catering to a diverse range of consumer needs. From electronics and fashion to home essentials and kitchen appliances, Paytm Mall offers a comprehensive selection of products to its vast customer base.
Unveiling the Rally: Factors Behind the Surge
The surge in Paytm Mall's share price can be attributed to a multitude of factors, including robust financial performance, strategic partnerships, and favorable market sentiment. The company's relentless focus on innovation, customer-centric approach, and expansion initiatives have garnered positive attention from investors, propelling its share price to new heights.
Robust Financial Performance
Paytm Mall's stellar financial performance serves as a cornerstone for the rally in its share price. With impressive revenue growth and strong profitability metrics, the company has demonstrated its resilience and ability to capitalize on market opportunities. Investors view Paytm Mall as a promising investment opportunity, buoyed by its consistent revenue streams and potential for further expansion.
Strategic Partnerships and Collaborations
Strategic partnerships and collaborations play a pivotal role in driving the upward trajectory of Paytm Mall's share price. The company has forged alliances with leading brands, retailers, and logistics partners, expanding its product offerings and enhancing customer satisfaction. These partnerships not only bolster Paytm Mall's market presence but also instill confidence among investors, contributing to the rally in its share price.
Favorable Market Sentiment
Favorable market sentiment towards e-commerce and digital platforms further fuels the rally in Paytm Mall's share price. As consumers increasingly shift towards online shopping and digital transactions, investors view e-commerce companies like Paytm Mall as lucrative investment opportunities with significant growth potential. The positive outlook for the e-commerce sector amplifies investor interest in Paytm Mall, driving its share price to unprecedented levels.
Implications for Investors and Stakeholders
The rally in Paytm Mall's share price presents both opportunities and challenges for investors and stakeholders. While the surge in share price reflects investor confidence and optimism about the company's future prospects, it also raises questions about valuation and sustainability. Investors must carefully evaluate the underlying fundamentals of Paytm Mall and monitor market dynamics to make informed investment decisions.
Conclusion
The rally in Paytm Mall's share price underscores the company's remarkable growth trajectory and strong market position in the e-commerce landscape. With a focus on innovation, strategic partnerships, and customer-centricity, Paytm Mall continues to captivate investors and stakeholders alike. As the company navigates through the evolving e-commerce landscape, the rally in its share price serves as a testament to its resilience, adaptability, and potential for sustained growth in the digital era.
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bigshotsdotin · 1 year
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dalanmendonca · 3 years
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Has India's startup ecosystem arrived?
It's a wonderful time to be in India's startup ecosystem. From the start of this calendar year, India has birthed 12 unicorns. Zomato released its draft red herring prospectus and made it's the IPO decision official. Since 2016, Jio has dropped data prices for 100s of millions of people and made Indians amongst the world's highest data consumers. Thanks to homemade success stories like Flipkart, Paytm, Swiggy, Nykaa and more; young people around the country are using consumer products made by someone just like them. Super-inspiring. Even being a founder carries less stigma than it did 10 years ago.
These are all healthy signs of potentially good times. Yet it's easy to be sceptical. India's startup ecosystem is over-capitalised compared to it's peers. The Indian ecosystem thanks to cultural ties with the US and the alleged TAM of "1 billion+ consumers" is able to draw in capital. Reality remains far more sobering. Zomato is but the rarest of exceptions in going IPO (OK there was EaseMyTrip too, congrats but eww). There are others lined up too, but we'll have to see how many materialise, and more importantly materialise in India. While from an ease of capital raising perspective, it is better to IPO overseas, from a psychological perspective it is better if they IPO locally though I'm not sure if company promoter's care. IPOs are a lagging indicator of system maturity. More troubling, well, is India itself. Douglas Hofstadter describes how software eventually bottoms out at hardware. Our hopes of creating a dynamic new India with a billion consumers are pointless if the economy is flatlining and there are no consumers with disposable income. India is a classic case of premature deindustrialisation despite having a human capital windfall like China. The median age in India is 28 years, young and ready to work but India sadly has completely botched the opportunity to reap its demographic dividend. As the population gets older and the hype of billions of young Indians eager to do new things wears off, this sobering reality will seep into external expectations too. We have lots of young people but they're mostly unskilled, poor, and getting nothing but older. This says nothing about India's failure to invest in and make any meaningful technological progress. We're barely starting to contribute to open-source software, while we need to go full guns blazing into building trains, planes, roads, factories and what not. It was sad that during the US-China trade war when American companies were looking for new locations, the victors were Thailand and Vietnam! Ouch! Neither was India ready, nor did it react fast enough. Oh I don't even want to mention that even China still far short of it's goals of technological independence. Huawei went from the world's largest smartphone manufacturer to (almost) nothing due to the semiconductor ban on them by the US. Insane! And multiple efforts by China to kickstart semiconductor manufacturing by China have mostly failed despite state blessings. India is not even playing the game!
Despite having dedicated far more words to the bear case, I remain hopeful. Just less hopeful than before, and hopeful for a smaller subset of Indians. Life can be full of surprises. I've been impressed by the some consumer product innovation that don't resemble anything found elsewhere, which means someone sat and put their brains together. India's current bubble is EdTech, which is good news. We first focused on E-commerce, but the truth is that we barely had malls and formal commerce. We're a country who buys from Kirana shops (Dukaantech is rage, and hopefully drives efficiencies there. TBD). Education however is our dream and lifeblood and it's good that the market figured out an Indian problem.
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thetechmedia1 · 4 years
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Paytm subsidiaries could get listed soon, parent company IPO still far, says founder Vijay Shekhar Sharma
Paytm, unarguably, is one of those early Indian startups, which paved the way for the subsequent digital finance and to a large extent, the startup revolution in India. What started as a wallet company, rapidly gained investments and turned itself into a full-fledged digital financial services conglomerate in less than half a decade. If you put that in perspective with how traditional financial institutions grow, Paytm’s growth is nothing short of impressive.
But then, a pertinent question that has revolved around Paytm and other startups founded during that time, has been around profitability. While Flipkart’s acquisition was a bright spot, most others from that time are still looking to find feet in terms of profitability. Even today, Paytm continues to post mounting losses, with no slowdown in the trend. Paytm parent One97 Communications reported a loss of ₹4,217 crore in FY2019, and its revenues recorded a marginal growth to ₹3,579 crore from ₹3,309 crore.
Along the same vein, there have been talks around a potential IPO. While speculations have floated around possible IPO in India or abroad, we finally have some inputs straight from Paytm’s founder, Vijay Shekhar Sharma.
In a recent Twitter Live session hosted by Business Insider and Observer Research Foundation (ORF), Sharma has shed some light on IPO plans for Paytm. Interestingly, Paytm may look to list its subsidiaries much ahead in time, as compared to the parent company. “Paytm might not get listed but the subsidiaries or affiliate companies might get listed. Bank, commerce, gaming are all spinouts of Paytm. Our banking business which is incidentally profitable by design, after a certain amount of net worth it has an obligation to get listed.”, he said.
That makes some sense. Paytm has now grown to become an amalgamation of nine different verticals. These include Paytm Payments Bank, Paytm Money, Paytm Games, and Paytm Mall among others. And while the parent may not be profitable, some of these entities could be looking at profitability in near term.
Paytm, in its most recent numbers, clocked in a gross transaction value of $50 billion through 5.5 billion transactions. It has set a target of 12 billion transactions by FY20.
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inmatts-blog-blog · 6 years
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氪星晚报 | 软银放弃投资蔚来IPO;子弹短信不切入陌生人社交领域​;苹果收购AR眼镜技术公司
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planify · 4 years
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Paytm IPO
Buy the Pre IPO of the Paytm from us and get all the details and regular updates. Paytm is an Indian e-commerce payment system and financial technology company, based out of Noida, India. Paytm is available in 11 Indian languages and offers online use-cases like mobile recharges, utility bill payments, travel, movies, and events bookings as well as in-store payments at grocery stores, fruits and vegetable shops, restaurants, parking, tolls, pharmacies and educational institutions with the Paytm QR code. California based PayPal had filed a case against Paytm in the Indian trademark office for using a logo similar to its own on 18 November 2016. As of January 2018, Paytm is valued at $10 billion and it is planning to launch its initial public offering (IPO) in 2022.
As per the company, over 7 million merchants across India use this QR code to accept payments directly into their bank account. The company also uses advertisements and paid promotional content to generate revenues.
Paytm was founded in August 2010 with an initial investment of $2 million by its founder Vijay Shekhar Sharma in Noida, a region adjacent to India's capital New Delhi. It started off as a prepaid mobile and DTH recharge platform, and later added data card, postpaid mobile and landline bill payments in 2013.
By January 2014, the company launched the Paytm Wallet, and the Indian Railways and Uber added it as a payment option. It launched into e-commerce with online deals and bus ticketing. In 2015, it unveiled more use-cases like education fees, metro recharges, electricity, gas, and water bill payments. It also started powering the payment gateway for Indian Railways.
In 2016, Paytm launched movies, events and amusement parks ticketing as well as flight ticket bookings and Paytm QR. Later that year, it launched rail bookings and gift cards.
Paytm's registered user base grew from 11.8 million in August 2014 to 104 million in August 2015. Its travel business crossed $500 million in annualised GMV run rate, while booking 2 million tickets per month.
In 2017, Paytm became India's first payment app to cross over 100 million app downloads. The same year, it launched Paytm Gold, a product that allowed users to buy as little as ₹1 of pure gold online. It also launched Paytm Payments Bank and ‘Inbox’, a messaging platform with in-chat payments among other products. By 2018, it started allowing merchants to accept Paytm, UPI and card payments directly into their bank accounts at 0% charge. It also launched the ‘Paytm for Business’ app which is now called Business with Paytm App, allowing merchants to track their payments and day-to-day settlements instantly. This led its merchant base to grow to more than 7 million by March 2018.
The company launched two new wealth management products - Paytm Gold Savings Plan and Gold Gifting to simplify long-term savings. It launched into gaming and investments, partnering with AGTech to launch a mobile games platform Gamepind, and setting up Paytm Money with an investment of ₹9 crore to bring investment and wealth management products for Indians.
In May 2019, Paytm partnered with Citibank to launch credit cards.
In October 2011, Sapphire Ventures (fka SAP Ventures) invested $10 million in One97 Communications Ltd. In March 2015, Paytm received its huge stake from Chinese e-commerce company Alibaba Group based in Hangzhou, China, after Ant Financial Services Group, an Alibaba Group affiliate, took 40% stock in Paytm as part of a strategic agreement. Soon after, it received backing from Ratan Tata, the MD of Tata Sons.
In August 2016, Paytm raised funding from Mountain Capital, one of Taiwan-based MediaTek's investment funds at a valuation of over $5 billion.
In May 2017, Paytm received its biggest round of stake by a single investor – SoftBank which also has a large stake in Alibaba, thus bringing the company's valuation to an estimated $10 billion. In August 2018, Berkshire Hathaway invested $356 million for 3%- 4% stake in Paytm, although Berkshire Hathaway confirmed that Warren Buffett was not involved in the transaction.
On November 25 2019, Paytm raised $1 billion in a funding round led by US asset manager T Rowe Price along with existing investors Ant Financial and SoftBank Vision Fund.
In 2013, Paytm acquired Plustxt for around less than $2 million. Plustxt was started by IIT graduates Pratyush Prasanna, Parag Arora, Lokesh Chauhan and Lohit V that allowed fast text messaging in any Indian Language.
In 2015, Paytm invested $5 million in auto-rickshaw aggregator and hyperlocal delivery firm Jugnoo. The funds were meant to enable Jugnoo to scale up its operations across the country, and improve its driver efficiency. It also acquired Delhi-based consumer behaviour prediction platform Shifu and local services startup Near.in.
In 2016, Paytm invested in logistics startups LogiNext and XpressBees.
In April 2017, Paytm invested in healthcare startup QorQL which uses artificial intelligence (AI) and big data to help doctors improve their productivity and quality of care, and enable patients to manage their health better. In July 2017, it acquired a majority stake in online ticketing and events platform Insider.in, backed by event management company Only Much Louder (OML) and mobile loyalty startup MobiQuest. The same year, Paytm acquired Little & Nearbuy, and merged both.
In June 2018, the company acquired the startup Cube26.
In July 2015, One97 Communications, the firm that owns the brand Paytm, acquired the title sponsorship rights for India's domestic and international cricket matches at home for a period of four years starting in August 2015. The rights include sponsor branding of series with the title sponsor logo, designation as the title sponsor of the series, visibility at the stadium, and broadcast sponsorship rights. This also includes all BCCI domestic (Ranji Trophy, Duleep Trophy, etc.) matches in India.
Previously, Paytm had acquired sponsorship rights during the 8th season of Indian Premier League. It has also served as an associate sponsor on Sony TV network (which has the telecast rights for IPL) and was the official partner of the IPL team Mumbai Indians. In March 2018, Paytm became the Umpire Partner of the IPL for five years.
On August 2015, Paytm received a license from Reserve Bank of India to launch the payments bank. The Paytm Payments Bank is a separate entity in which founder Vijay Shekhar Sharma will hold 51% share, One97 Communications holds 39% and 10% will be held by a subsidiary of One97 and Sharma. The bank was officially inaugurated in November 2017 by the Indian Finance Minister, Arun Jaitley. The inauguration ceremony featured prominent banking personalities including former RBI Executive Director PV Bhaskar, Saama Capital Director Ash Lilani and former Shriram Group Director GS Sundarajan.
It was set to launch over 100,000 banking outlets across India by end of 2018. However, the bank's branches are yet to touch double digits.
Paytm Payments Bank has appointed veteran banker Satish Kumar Gupta as its new Managing Director and CEO.
In February 2017, Paytm launched its Paytm Mall app, which allows consumers to shop from 1.4 lakh registered sellers. Paytm Mall is B2C model inspired by model of China's largest B2C retail platform TMall. For 1.4 lakh sellers registered, products have to pass through Paytm-certified warehouses and channels to ensure consumer trust. Paytm Mall has set up 17 fulfilment centers across India andpartnered with 40+ couriers. Paytm Mall raised $200 million from Alibaba Group and SAIF Partners in March, 2018. In May 2018, it posted a loss of approximately Rs 1,800 crore with a revenue of Rs 774 crore for financial year 2018. Additionally, the market share of Paytm Mall dropped to 3 percent in 2018 from 5.6 percent in 2017.
On May 2018, the Indian investigative news agency Cobrapost released a video of an undercover reporter meeting with Paytm's vice president, Ajay Shekhar Sharma who is brother of Vijay Shekhar Sharma. During the meeting, he reportedly said the company provided the Indian government with the personal data of paytm users in the Indian state of Jammu and Kashmir by violating user's privacy and policies. This went viral through internet, throughout the day. Later, Buzzfeed reported that, Sharma has close ties with India's ruling party Bhartiya Janata Party. Meanwhile, in response, the company tweeted that, it never shared user's data with third parties in which it again denied the contents of the video and stated that it never received requests from law enforcement on twitter. Paytm also stated that any person claiming otherwise “is not aware of the policy and is not authorised to speak on behalf of the company”.
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