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&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;{{Short description|Indian multinational technology company}}&lt;br /&gt;
{{Use dmy dates|date=June 2024}}&lt;br /&gt;
{{Use Indian English|date=June 2024}}&lt;br /&gt;
{{Infobox company&lt;br /&gt;
| name = One97 Communications&lt;br /&gt;
| logo = One97 Communications logo.jpg&lt;br /&gt;
| logo_size = &lt;br /&gt;
| logo_caption = &lt;br /&gt;
| image = &lt;br /&gt;
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| former_name = &lt;br /&gt;
| type = Public&lt;br /&gt;
| traded_as = &lt;br /&gt;
| ISIN = &lt;br /&gt;
| industry = [[Technology]]&lt;br /&gt;
| predecessor = &lt;br /&gt;
| founded = {{start date and age|2000}} in [[New Delhi]], India&lt;br /&gt;
| founder = [[Vijay Shekhar Sharma]]&lt;br /&gt;
| defunct = &amp;lt;!-- {{End date|YYYY|MM|DD}} --&amp;gt;&lt;br /&gt;
| fate = &lt;br /&gt;
| successor = &amp;lt;!-- or: | successors = --&amp;gt;&lt;br /&gt;
| hq_location = [[Noida]]&lt;br /&gt;
| hq_location_city = [[Uttar Pradesh]]&lt;br /&gt;
| hq_location_country = India&lt;br /&gt;
| num_locations = &lt;br /&gt;
| num_locations_year = &amp;lt;!-- Year of num_locations data (if known) --&amp;gt;&lt;br /&gt;
| area_served = Worldwide&lt;br /&gt;
| key_people = [[Vijay Shekhar Sharma]] (CEO)&lt;br /&gt;
| products = [[Paytm]] &amp;lt;br&amp;gt;[[Paytm Mall]]&amp;lt;br&amp;gt;[[Paytm Payments Bank]]&amp;lt;br&amp;gt;[[Paytm Payments Services]]&amp;lt;br&amp;gt;[[Paytm Money]]&amp;lt;br&amp;gt;[[Paytm Insurance]]&amp;lt;br&amp;gt;[[Paytm First Games]]&amp;lt;br&amp;gt;[[Paytm Smart Retail]]&amp;lt;br&amp;gt;[[Paytm Insider]]&lt;br /&gt;
| brands = [[Paytm]]&lt;br /&gt;
| services = &lt;br /&gt;
| revenue = &lt;br /&gt;
| revenue_year = &amp;lt;!-- Year of revenue data (if known) --&amp;gt;&lt;br /&gt;
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| income_year = &amp;lt;!-- Year of operating_income data (if known) --&amp;gt;&lt;br /&gt;
| net_income = &amp;lt;!-- or: | profit = --&amp;gt;&lt;br /&gt;
| net_income_year = &amp;lt;!-- or: | profit_year = --&amp;gt;&amp;lt;!-- Year of net_income/profit data (if known) --&amp;gt;&lt;br /&gt;
| aum = &amp;lt;!-- Only for financial-service companies --&amp;gt;&lt;br /&gt;
| assets = &lt;br /&gt;
| assets_year = &amp;lt;!-- Year of assets data (if known) --&amp;gt;&lt;br /&gt;
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| equity_year = &amp;lt;!-- Year of equity data (if known) --&amp;gt;&lt;br /&gt;
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| num_employees_year = &amp;lt;!-- Year of num_employees data (if known) --&amp;gt;&lt;br /&gt;
| parent = &lt;br /&gt;
| divisions = &lt;br /&gt;
| subsid = &lt;br /&gt;
| website = {{URL|https://one97.com/}}&lt;br /&gt;
}}&lt;br /&gt;
&lt;br /&gt;
&amp;#039;&amp;#039;&amp;#039;One97 Communications Ltd.&amp;#039;&amp;#039;&amp;#039; is an Indian [[Multinational corporation|multinational]] [[technology company]], headquartered in [[Noida]]. It was founded in 2000 by [[Vijay Shekhar Sharma]]. &amp;lt;ref&amp;gt;{{cite news|url=https://www.etnownews.com/markets/paytm-q1-results-fy-2025-26-date-time-vijay-shekhar-sharmas-one97-communications-quarterly-earnings-schedule-details-article-152270567|title=Paytm Q1 Results FY 2025-26 date, time: Vijay Shekhar Sharma&amp;#039;s One97 Communications&amp;#039; quarterly earnings schedule details|publisher=Times}}&amp;lt;/ref&amp;gt; Through its subsidiaries and businesses, the company offers digital payment and financial services to consumers and merchants in India. It also provides mobile [[advertising]], [[marketing]] and [[payments]] for [[merchants]].&lt;br /&gt;
&lt;br /&gt;
In 2021, the company became [[Public company|publicly listed]] after the largest ever initial public offering (IPO) in India&amp;#039;s history. It was listed on Indian stock exchanges on 08 November 2021.&lt;br /&gt;
&lt;br /&gt;
== History ==&lt;br /&gt;
One97 Communications Limited was founded in 2000 by [[Vijay Shekhar Sharma]] in [[New Delhi]]. The company is headquartered in [[Noida]], India.&amp;lt;ref&amp;gt;{{cite news |last1=Verma |first1=Shrutika |title=Vijay Shekhar Sharma: The &amp;#039;no cash&amp;#039; champion |url=https://www.livemint.com/Companies/vKaVaFIZv8d2PGrt1G5L0H/Vijay-Shekhar-Sharma-The-no-cash-champion.html |publisher=[[Livemint]] |date=2 December 2016}}&amp;lt;/ref&amp;gt; It launched [[Paytm]] in 2009 as a digital payments platform to facilitate cashless payments.&amp;lt;ref name=businessindia&amp;gt;{{cite news |last1=Joseph |first1=Lancelot |title=Flexing its technology muscle |url=https://businessindia.co/magazine/paytm-super-app |publisher=[[Business India]] |date=23 August 2021}}&amp;lt;/ref&amp;gt; It owns various businesses and subsidiaries – Paytm Payments Bank, Paytm Payments Gateway, Paytm Payout, Paytm Money, Paytm Insider, Paytm Insurance, Paytm Postpaid, Paytm for Business, Paytm Credit Cards, and Paytm First Games.&amp;lt;ref name=businessindia/&amp;gt;&amp;lt;ref&amp;gt;{{cite news |last1=Rai |first1=Saritha |title=One97&amp;#039;s Paytm banks on the future of mobile wallets |url=https://www.forbesindia.com/article/work-in-progress/one97s-paytm-banks-on-the-future-of-mobile-wallets/41559/1 |work=[[Forbes India]] |date=18 November 2015}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
==Divisions==&lt;br /&gt;
===Paytm Money===&lt;br /&gt;
&amp;#039;&amp;#039;&amp;#039;Paytm Money&amp;#039;&amp;#039;&amp;#039; is an Indian wealth-technology platform and stock broker, operating as a division of One97 Communications, the parent company of [[Paytm]]. Headquartered in Delhi, it offers retail investors access to equities, derivatives, mutual funds, exchange-traded funds (ETFs), initial public offerings (IPOs), fixed income instruments, and retirement products.&lt;br /&gt;
&lt;br /&gt;
Paytm Money was incorporated in 2017 as a wholly owned subsidiary of One97 Communications, and launched in 2018 with direct mutual fund investments.&amp;lt;ref name=&amp;quot;BS2018&amp;quot;&amp;gt;{{cite web |title=Paytm sets up investment and wealth management unit for its users |url=https://www.business-standard.com/article/companies/paytm-sets-up-investment-and-wealth-management-unit-for-its-users-118011000024_1.html |website=Business Standard |date=10 January 2018 |access-date=25 September 2025}}&amp;lt;/ref&amp;gt; Between 2019 and 2021, the platform included stock broking, retirement products, and futures &amp;amp; options trading.&amp;lt;ref name=&amp;quot;Franchise2018&amp;quot;&amp;gt;{{cite web |title=Paytm To Launch Investor Dedicated mutual funds Buying App Paytm Money |url=https://www.franchiseindia.com/insights/en/article/paytm-to-launch-investor-dedicated-mutual-funds-buying-app-paytm-money.50760 |website=Franchise India |date=15 January 2018 |access-date=25 September 2025}}&amp;lt;/ref&amp;gt; &lt;br /&gt;
&lt;br /&gt;
In 2023, the company introduced a bonds investment platform and reported profitability for FY 2022–23, citing brokerage income growth.&amp;lt;ref name=&amp;quot;Inc42&amp;quot;&amp;gt;{{cite web |title=Paytm Money In The Black, Posts INR 42.8 Cr Profit In FY23 |url=https://inc42.com/buzz/paytm-money-in-the-black-posts-inr-42-8-cr-profit-in-fy23/ |website=Inc42 |date=6 July 2023 |access-date=25 September 2025}}&amp;lt;/ref&amp;gt;&amp;lt;ref name=&amp;quot;Entrackr&amp;quot;&amp;gt;{{cite web |title=Paytm Money posts Rs 40 Cr profit in FY23, scale grows 2X |url=https://entrackr.com/2023/09/paytm-money-posts-rs-40-cr-profit-in-fy23-scale-grows-2x/ |website=Entrackr |date=18 September 2023 |access-date=25 September 2025}}&amp;lt;/ref&amp;gt;&amp;lt;ref name=&amp;quot;Outlook2023&amp;quot;&amp;gt;{{cite web |title=Paytm Q4FY23 Revenue Rises To ₹2,334 Cr, Operating Profit Jumps 3X QoQ To ₹101 Cr |url=https://www.outlookbusiness.com/magazine/business/story/paytm-q4fy23-revenue-rises-to-2334-cr-operating-profit-jumps-3x-qoq-to-101-cr-6764 |website=Outlook Business |date=6 May 2023 |access-date=25 September 2025}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
===Paytm Travel===&lt;br /&gt;
&amp;#039;&amp;#039;&amp;#039;Paytm Travel&amp;#039;&amp;#039;&amp;#039; is the online travel services division of One97 Communications, the parent company of [[Paytm]]. Headquartered in Noida, Uttar Pradesh, it provides booking solutions for flights, trains, buses and hotels, including Tatkal train tickets and international flights.&amp;lt;ref&amp;gt;{{cite news |title=Paytm announces free cancellation for train tickets including Tatkal |url=https://www.thehansindia.com/tech/paytm-announces-free-cancellation-for-train-tickets-including-tatkal-tickets-details-827497 |work=The Hans India |date=17 September 2023 |access-date=20 September 2025}}&amp;lt;/ref&amp;gt; The travel division is headed by Vikash Jalan as CEO.&amp;lt;ref&amp;gt;{{cite web |title=Paytm Travel official website |url=https://tickets.paytm.com/ |access-date=20 September 2025}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
Initially began with railway ticket booking with the [[Indian Railway Catering and Tourism Corporation|IRCTC]], the company launched a travel marketplace, starting with bus ticket bookings in 2015 through aggregator partnerships.&amp;lt;ref&amp;gt;{{cite news |title=Paytm launches bus ticket marketplace |url=https://www.pymnts.com/news/2015/paytm-launches-bus-ticket-marketplace/ |work=PYMNTS |date=July 2015 |access-date=20 September 2025}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news |title=IRCTC partners with Paytm to simplify train bookings |url=https://travel.economictimes.indiatimes.com/news/railways/irctc-becomes-the-authorised-partner-of-paytm-to-simplify-train-travel/96969003 |work=ET TravelWorld |date=14 January 2023 |access-date=20 September 2025}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news |title=Paytm launches guaranteed seat assistance for train bookings |url=https://travel.economictimes.indiatimes.com/news/railways/paytm-launches-guaranteed-seat-assistance-ensures-confirmed-seat-booking-on-trains-for-users/104826787 |work=ET TravelWorld |date=26 October 2023 |access-date=20 September 2025}}&amp;lt;/ref&amp;gt; &lt;br /&gt;
&lt;br /&gt;
In 2019, Paytm acquired NightStay, a last-minute hotel booking platform, marking its entry into the hospitality segment.&amp;lt;ref&amp;gt;{{cite news |title=Paytm forays into hotel booking with NightStay acquisition |url=https://www.livemint.com/companies/news/paytm-forays-into-hotel-booking-with-nighstay-acquisition-1548764249112.html |work=Mint |date=29 January 2019 |access-date=20 September 2025}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news |title=Paytm Travel sees over 20,000 bus ticket bookings as migrants head back home |url=https://www.exchange4media.com/industry-briefing-news/paytm-travel-sees-over-20000-bus-ticket-bookings-as-migrants-head-back-home-105315.html |work=Exchange4Media |date=16 May 2020 |access-date=20 September 2025}}&amp;lt;/ref&amp;gt;  &lt;br /&gt;
&lt;br /&gt;
In 2024, Paytm announced partnerships with global aggregators including [[Skyscanner]], Google Flights, and Wego to expand international booking options.&amp;lt;ref&amp;gt;{{cite news |title=Paytm eyes expansion in travel, ties up with Skyscanner &amp;amp; Google Flights |url=https://www.business-standard.com/companies/news/paytm-eyes-expansion-in-travel-ties-up-with-skyscanner-google-flights-124062400541_1.html |work=Business Standard |date=24 June 2024 |access-date=20 September 2025}}&amp;lt;/ref&amp;gt; By early 2025, Paytm partnered with Agoda to provide hotel booking options in India and overseas markets.&amp;lt;ref&amp;gt;{{cite news |title=Paytm Travel, Agoda partner to offer hotel bookings across destinations |url=https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/paytm-travel-agoda-partner-to-offer-hotel-bookings-across-indian-global-destinations-on-paytm-app/articleshow/118108045.cms |work=Economic Times |date=10 February 2025 |access-date=20 September 2025}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== Funding ==&lt;br /&gt;
In October 2011, One97 Communications received funding of $10 million from [[Sapphire Ventures]].&amp;lt;ref&amp;gt;{{cite news |last1=Abrar |first1=Peerzada |title=SAP invests $10m in Delhi-based One97 Communications |url=https://timesofindia.indiatimes.com/tech-news/sap-invests-10m-in-delhi-based-one97-communications/articleshow/10311956.cms |work=[[The Times of India]] |date=11 October 2011}}&amp;lt;/ref&amp;gt; In January 2015, Ant Financial Services Group picked 25% stake in the company.&amp;lt;ref name=&amp;quot;Hindustan Times&amp;quot;&amp;gt;{{cite news|url=https://www.hindustantimes.com/business/ratan-tata-invests-in-paytm-joins-as-adviser/story-qKceLOORNLNYWfBsokqW4M.html|title=Ratan Tata invests in Paytm, joins as adviser|work=Hindustan Times}}&amp;lt;/ref&amp;gt; In March 2015, Ratan Tata made a personal investment in One97 Communications&amp;#039;s Paytm and joined as an adviser of the company.&amp;lt;ref name=&amp;quot;Hindustan Times&amp;quot;/&amp;gt; It received funding of $60 million from [[MediaTek]]&amp;#039;s investment funds Mountain Capital, which made the company&amp;#039;s valuation at $4.8 billion in August 2016.&amp;lt;ref&amp;gt;{{cite news |last1=Mishra |first1=Digbijay |title=Mediatek invests $60m in Paytm at $4.8bn |url=https://timesofindia.indiatimes.com/deals/-ma/Mediatek-invests-60m-in-Paytm-at-4-8bn-valuation/articleshow/53921168.cms |work=[[The Times of India]] |date=30 August 2016}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In May 2017, the company raised $1.4 billion from Japan&amp;#039;s [[SoftBank Group]], which made its valuation jumped to over $8 billion.&amp;lt;ref name=softbank&amp;gt;{{cite news |last1=Chanchani |first1=Madhav |last2=Variyar |first2=Mugdha |title=Paytm raises $1.4 billion from Softbank, valuation jumps to over $8 billion |url=https://economictimes.indiatimes.com/small-biz/money/paytm-raises-1-4-billion-from-softbank-valuation-jumps-to-over-8-billion/articleshow/58733667.cms |publisher=[[The Economic Times]] |date=19 May 2017}}&amp;lt;/ref&amp;gt; Paytm raised $300 million from Warren Buffett’s Berkshire Hathaway in September 2018.&amp;lt;ref&amp;gt;{{cite news|url=https://www.telegraphindia.com/business/paytm-raises-660-million/cid/1726660|title=Paytm raises $660 million|work=Telegraph India}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news |last1=Purnell |first1=Newley |last2=Friedman |first2=Nicole |title=Buffett&amp;#039;s Berkshire Hathaway Invests in India Mobile-Payments Firm |url=https://www.wsj.com/articles/buffetts-berkshire-hathaway-eyes-india-mobile-payments-firm-1535372330 |publisher=[[The Wall Street Journal]] |date=27 August 2018}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news |title=Berkshire Hathaway Invests in India&amp;#039;s One97 Communications |url=https://www.bloomberg.com/news/articles/2018-08-27/warren-buffett-is-said-to-agree-on-backing-india-s-paytm |publisher=[[Bloomberg News]] |date=27 August 2018}}&amp;lt;/ref&amp;gt; In November 2019, the company secured $1 billion in a Series G funding led by T Rowe Price and existing investors Ant Financial and [[SoftBank Vision Fund]]. [[Robert Citrone|Discovery Capital]] also participated in the round.&amp;lt;ref&amp;gt;{{cite news |last1=Shrivastava |first1=Aditi |title=Paytm gets $1 billion topup in latest financing round |url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/paytm-gets-1-billion-topup-in-latest-financing-round/articleshow/72216174.cms |publisher=[[The Economic Times]] |date=25 November 2019}}&amp;lt;/ref&amp;gt; Paytm raised Rs 9,000 crore ($1.4 billion) from SoftBank.&amp;lt;ref&amp;gt;{{cite news|url=https://economictimes.indiatimes.com/small-biz/money/paytm-raises-1-4-billion-from-softbank-valuation-jumps-to-over-8-billion/articleshow/58733667.cms|title=Paytm raises $1.4 billion from Softbank, valuation jumps to over $8 billion|work=Economic Times}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== Acquisition ==&lt;br /&gt;
In December 2012, the company acquired MobiVite, a [[mobile marketing]] platform&amp;lt;ref&amp;gt;{{cite news |last1=Abrar |first1=Peerzada |title=One97 Communications acquires MobiVite to consolidate footing in mobile marketing space |url=https://economictimes.indiatimes.com/tech/internet/one97-communications-acquires-mobivite-to-consolidate-footing-in-mobile-marketing-space/articleshow/17657921.cms?from=mdr |publisher=[[The Economic Times]] |date=18 December 2012}}&amp;lt;/ref&amp;gt; followed by the acquisition of Plustx, a cross-messaging platform in August 2013.&amp;lt;ref&amp;gt;{{cite news |last1=Abrar |first1=Peerzada |title=One97 acquires local language messaging startup Plustxt |url=https://economictimes.indiatimes.com/industry/telecom/one97-acquires-local-language-messaging-startup-plustxt/articleshow/21711557.cms?from=mdr |publisher=[[The Economic Times]] |date=8 August 2013}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== IPO ==&lt;br /&gt;
One97 Communications was scheduled to launch its IPO In November 2010. However, it shelved the listing plans last moment, citing volatile market conditions.&amp;lt;ref name=ipo&amp;gt;{{cite news |last1=Kumar |first1=John Satish |title=One97 Communications Defers IPO |url=https://www.wsj.com/articles/SB10001424052748703766704576008831881108682 |publisher=[[The Wall Street Journal]] |date=9 December 2010}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news |last1=Modak |first1=Samie |title=One97 taps IPO market in new, bigger avatar 11 years after aborted attempt |url=https://www.business-standard.com/article/companies/one97-taps-ipo-market-in-new-bigger-avatar-11-years-after-aborted-attempt-121071601039_1.html |publisher=[[Business Standard]] |date=16 July 2021}}&amp;lt;/ref&amp;gt; On 16 July 2021, the company filed draft prospectus for its IPO of up to ₹16,600 crore&amp;lt;ref&amp;gt;{{cite news |title=One97 Communications files DRHP for Rs 16,600 crore issue |url=https://economictimes.indiatimes.com/markets/stocks/news/paytm-ipo-one97-communications-files-drhp-for-rs-16600-crore-issue/videoshow/84471593.cms?from=mdr |publisher=[[The Economic Times]] |date=16 July 2021}}&amp;lt;/ref&amp;gt; and various news outlets reported it to be India&amp;#039;s largest Initial public offering ever.&amp;lt;ref&amp;gt;{{cite news |last1=Modak |first1=Samie |title=Paytm files for India&amp;#039;s largest IPO, eyes $25 bn-$30 bn valuation |url=https://www.business-standard.com/article/companies/paytm-files-for-india-s-largest-ipo-eyes-25-bn-30-bn-valuation-121071601614_1.html |publisher=[[Business Standard]] |date=27 July 2021}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news |last1=Kaur |first1=Malavika Makol |title=Paytm IPO, India&amp;#039;s largest ever, seen as a &amp;#039;high-risk&amp;#039; bet for investors |url=https://economictimes.indiatimes.com/tech/startups/paytm-ipo-indias-largest-ever-seen-as-a-high-risk-bet-for-investors/articleshow/87602767.cms |publisher=[[The Economic Times]] |date=9 November 2021}}&amp;lt;/ref&amp;gt; It is listed on [[National Stock Exchange of India]] and [[Bombay Stock Exchange]] since November 2021.&amp;lt;ref&amp;gt;{{cite news |title=Biggest IPO, biggest crash: Paytm tanks 27% on Day 1 |url=https://economictimes.indiatimes.com/tech/startups/biggest-ipo-biggest-crash-paytm-tanks-27-on-day-1/articleshow/87786849.cms |publisher=[[The Economic Times]] |date=19 November 2021}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
The company&amp;#039;s initial share sale aimed to raise ₹18,300 crore at a band of ₹2,080-2,150, valuing it at ₹1.39 trillion.&amp;lt;ref&amp;gt;{{cite news |last1=Sultana |first1=Nasrin |title=Paytm best bet to ride fintech, but valuations lofty |url=https://www.livemint.com/market/stock-market-news/paytm-best-bet-to-ride-fintech-but-valuations-lofty-11636310708598.html |publisher=[[Livemint]] |date=8 November 2021}}&amp;lt;/ref&amp;gt; The company&amp;#039;s IPO was subscribed 18% on the first day, having received bids for 8.742 million shares against the total issue size of 48.4 million shares.&lt;br /&gt;
&amp;lt;ref&amp;gt;{{cite news |title=Paytm parent&amp;#039;s IPO sees muted demand on day 1 |url=https://economictimes.indiatimes.com/markets/ipos/fpos/paytm-parents-ipo-sees-muted-demand-on-day-1/articleshow/87595469.cms |publisher=[[The Economic Times]] |date=9 November 2021}}&amp;lt;/ref&amp;gt; Its IPO was subscribed 48% on the second day&amp;lt;ref&amp;gt;{{cite news |title=Paytm IPO subscribed 48% at the end of day 2 |url=https://indianexpress.com/article/business/market/paytm-ipo-subscribed-48-per-cent-on-day-two-7615066/ |publisher=[[Indian Express]] |date=9 November 2021}}&amp;lt;/ref&amp;gt; and it was fully subscribed on the final day of the issue.&amp;lt;ref&amp;gt;{{cite news |title=Paytm IPO fully subscribed on final day of issue. GMP, other key details here |url=https://www.livemint.com/market/ipo/paytm-ipo-gmp-subscription-status-other-details-should-you-subscribe-11636338477645.html |publisher=[[Livemint]] |date=10 November 2021}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news |last1=Gupta |first1=Yashi |title=India&amp;#039;s biggest public offer subscribed nearly 2 times |url=https://www.cnbctv18.com/market/paytm-ipo-indias-biggest-public-offer-subscribed-nearly-2-times-11419042.htm |publisher=[[CNBC TV18]] |date=17 November 2021}}&amp;lt;/ref&amp;gt; However, its shares fell 13% and 27% respectively on the days succeeding its listing&amp;lt;ref&amp;gt;{{Cite web |agency=Bloomberg|date=22 Nov 2021 |title=Paytm tumbles another 13% after first-day IPO flop - Times of India |url=https://timesofindia.indiatimes.com/business/markets/sensex/paytm-tumbles-another-13-after-first-day-ipo-flop/articleshow/87852087.cms |access-date=2022-03-14 |website=The Times of India |language=en}}&amp;lt;/ref&amp;gt; and has continued to slide sparking criticism on its valuation methodologies, inviting regulatory scrutiny.&amp;lt;ref&amp;gt;{{Cite web |title=After Paytm Flop Show, India Tightens IPO Valuation Scrutiny: Report |url=https://www.ndtv.com/india-news/after-paytm-flop-show-india-tightens-ipo-valuation-scrutiny-report-2817077 |access-date=2022-03-14 |website=NDTV.com}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
==Finances== &lt;br /&gt;
According to RedSeer, it has the largest payments platform in India with a gross merchant value of Rs 4,033 billion in the financial year 2021.&amp;lt;ref&amp;gt;{{cite news |last1=Dugal |first1=Ira |title=What Paytm&amp;#039;s IPO Prospectus Tells Us About Its Business |url=https://www.bloombergquint.com/business/what-paytms-ipo-prospectus-tells-us-about-its-business |publisher=[[BloombergQuint]] |date=16 July 2021}}&amp;lt;/ref&amp;gt; According to its annual 2021 report, One97&amp;#039;s revenue from operations dropped 14% to Rs 2,802 crore for FY 2021. However, losses narrowed to Rs 1,701 crore during this year, compared to Rs 2,942 crore loss reported in the fiscal year 2020.&amp;lt;ref&amp;gt;{{cite news |last1=Mishra |first1=Digbijay |last2=Manikandan |first2=Ashwin |title=IPO-bound Paytm&amp;#039;s revenue drops 14% in FY21, losses narrow to Rs 1,701 crore |url=https://economictimes.indiatimes.com/tech/technology/ipo-bound-paytm-sees-revenue-decline-by-14-losses-drop-to-rs-1701-crore-in-fy21/articleshow/83256611.cms?from=mdr |publisher=[[The Economic Times]] |date=5 June 2021}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
One97 Communications reduced losses by 28% to Rs 2,833 crore in the FY 2019-20. Its overall expenses were reduced by 20% in 2019-20 to Rs 5,861 crore compared to Rs 7,254 crore in 2019-18. Its revenue also declined 1% to Rs 3,350 crore in FY20.&amp;lt;ref&amp;gt;{{cite news |title=Paytm parent One97 in red for 7th year, but cuts losses |url=https://www.businesstoday.in/latest/corporate/story/paytm-parent-one97-in-red-for-7th-year-straight-but-cuts-losses-to-rs-2833-cr-282548-2020-12-24 |publisher=[[Business Today (India)|Business Today]] |date=24 December 2020}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== Awards and recognition ==&lt;br /&gt;
In August 2009, One97 Communications was awarded the Emerging Company of The Year at the 10th Annual Voice&amp;amp;Data Award 2009 for its contribution to the VAS space.&amp;lt;ref&amp;gt;{{cite news |title=Voice&amp;amp;Data Award 2009 bestows Bharti CEO Manoj Kohli with Telecom Person of the Year award |url=http://www.telecomtiger.com/fullstory.aspx?storyid=6841 |publisher=Telecom Tiger |date=8 August 2009}}&amp;lt;/ref&amp;gt; That same year, it was also awarded the [[Deloitte Technology Fast 500|Deloitte Technology Fast50]] India award.&amp;lt;ref&amp;gt;{{cite web|title=Deloitte Technology Fast 50 India 2009 |url=http://www.deloitte.com/assets/Dcom-India/Local%20Assets/Documents/Winners_report_Technology_Fast_50_2009.pdf |url-status=dead |archiveurl=https://web.archive.org/web/20140201190343/http://www.deloitte.com/assets/Dcom-India/Local%20Assets/Documents/Winners_report_Technology_Fast_50_2009.pdf |archivedate=1 February 2014 |df=dmy }}&amp;lt;/ref&amp;gt;&lt;br /&gt;
In December 2010, One97 Communications won the Best Digital Innovation category for its &amp;#039;TalktoMe&amp;#039; product at the [[Internet and Mobile Association of India]] (IAMAI) Digital Awards&amp;lt;ref&amp;gt;{{cite news |title=General Motors, One97 and ICICI Lombard win in first IAMAI India Digital awards |url=https://www.afaqs.com/news/digital/29036_general-motors-one97-and-icici-lombard-win-in-first-iamai-india-digital-awards |publisher=Afaqs |date=9 December 2010}}&amp;lt;/ref&amp;gt; It won Company of the Year at [[ET Now]]-[[IndiaMART]] Leaders of Tomorrow Awards 2010.&amp;lt;ref&amp;gt;{{cite web |title=Leaders of Tomorrow Awards 2010 |url=https://www.youtube.com/watch?v=BtWXDAarud0 |publisher=[[IndiaMART]] |date=11 April 2012}}&amp;lt;/ref&amp;gt; In May 2011, One97&amp;#039;s product Talk2Me was awarded the Best Innovative VAS Product at the ET Telecom Awards by [[The Economic Times]].&amp;lt;ref&amp;gt;{{cite news |title=Powered by One97, Airtel Talk2Me Awarded Best Innovative VAS Product |url=https://www.telecomlead.com/mobile-vas/powered-by-one97-airtel-talk2me-awarded-best-innovative-vas-product-227 |publisher=Telecomlead.com |date=9 May 2011}}&amp;lt;/ref&amp;gt; One97 Communications was ranked #493 in the [[Deloitte Technology Fast 500]] Asia Pacific list in 2012.&amp;lt;ref&amp;gt;{{cite web |title=Tech|url=https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Technology-Media-Telecommunications/dttl_DeloitteTF500AP2012WinnersReport_12062012%20(1).pdf |publisher=[[Deloitte]] |date=2012}}&amp;lt;/ref&amp;gt; The company was awarded the [[VCCircle]] Annual Awards 2013 for the best PE/VC-backed Media &amp;amp; Communication Company.&amp;lt;ref&amp;gt;{{cite news |title=Top PE/VC-backed Indian companies, investment banks, law firms honoured at VCCircle Annual Awards 2013 |url=https://www.vccircle.com/vc-backed-indian-companies-investment-banks-law-firms-honoured |publisher=[[VCCircle]] |date=9 April 2013}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In March 2014, One97 was announced as the Most Innovative Company of the Year 2014 at the [[Business Standard]]&amp;#039;s Awards.&amp;lt;ref&amp;gt;{{cite news |title=BS awards 2014: And the winners are … |url=https://www.business-standard.com/article/companies/bs-awards-2014-and-the-winners-are-115032401039_1.html |publisher=[[Business Standard]] |date=24 March 2015}}&amp;lt;/ref&amp;gt; In July 2015, it won [[NDTV]]&amp;#039;s Disruptive Digital Innovator Award.&amp;lt;ref&amp;gt;{{cite news |title=Winner of Disruptive Digital Innovator Award: One97 Communications Ltd. |url=https://sites.ndtv.com/digitizingindiaawards/video-details-page/winner-of-disruptive-digital-innovator-award-one97-communications-ltd-375649/ |publisher=[[NDTV]] |date=18 July 2015}}&amp;lt;/ref&amp;gt; The company was ranked #309 in the list of [[Fortune (magazine)|Fortune]] Next 500 company for the year 2017.&amp;lt;ref&amp;gt;{{cite news |title=The Next 500 |url=https://www.fortuneindia.com/next-500/company/one97-communications?year=2017 |publisher=[[Fortune India]] |date=2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== References ==&lt;br /&gt;
{{reflist}}&lt;br /&gt;
&lt;br /&gt;
== External links ==&lt;br /&gt;
*{{URL|https://one97.com/|Official website}}&lt;br /&gt;
*[https://tickets.paytm.com/ Paytm Travel]&lt;br /&gt;
&lt;br /&gt;
[[Category:Indian companies established in 2000]]&lt;br /&gt;
[[Category:Companies based in Noida]]&lt;br /&gt;
[[Category:Financial services companies of India]]&lt;br /&gt;
[[Category:2000 establishments in Uttar Pradesh]]&lt;br /&gt;
[[Category:SoftBank portfolio companies]]&lt;br /&gt;
[[Category:Companies listed on the National Stock Exchange of India]]&lt;br /&gt;
[[Category:Companies listed on the Bombay Stock Exchange]]&lt;/div&gt;</summary>
		<author><name>VirgilioBrereton</name></author>
	</entry>
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