
One 97 Communications Ltd
Past performance
About One 97 Communications Ltd One 97 Communications Ltd, established in December 2000, operates as a digital ecosystem for consumers and merchants, primarily through its digital payments platform, Paytm. The company facilitates money transfers, merchant payments, and bill payments while offering commerce and cloud services, such as ticketing and advertising. Additionally, it provides technology-led financial services, including loans, insurance, and wealth management, in collaboration with financial partners. Over the years, One 97 Communications has expanded its offerings and geographical reach, notably entering markets in Nigeria and Bangladesh and planning further expansions into Southeast Asia, Africa, and select European markets.
The firm boasts 32 subsidiaries and several joint ventures and associates, including Paytm Payments Services Limited, which handles its online payment aggregation business. In November 2021, One 97 Communications launched India's largest IPO, raising ₹18,300 crore. The company continues to innovate, launching products like the Pocket and Music Soundbox 3.0 and developing a new technology platform in 2023.
Performance overview
