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General Knowledge11 May 20263 min readBy Sarkari247 Editorial Desk

Paytm Owner 2024: Vijay Shekhar Sharma

Discover the founder of Paytm, Vijay Shekhar Sharma, and the story behind India's leading digital payments platform. Learn about the ownership details and history of Paytm.

Paytm Owner 2024: Vijay Shekhar Sharma
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Introduction & Overview

Paytm has become an integral part of the payment system of millions of Indians. But have you ever wondered who built it and who owns it now? Let us find out the ownership history of India's one of the biggest payments app.

Vijay Shekhar Sharma was born on 7th June 1978 in Aligarh, Uttar Pradesh. His father Sulom Prakash Sharma was a school teacher and his mother Asha Sharma was a housewife.

Historical Timeline

YearEvent
1978Vijay Shekhar Sharma was born
1998Established a platform named “indiasite.net” and sold it for US $1 million
2010Paytm was launched
2016Indian government announced demonetisation of Rs 500 and Rs 1,000 notes

Key Facts & Figures

  • Vijay Shekhar Sharma is the founder and CEO of One97 Communications Limited
  • One97 Communications Limited is the parent company of Paytm
  • Paytm has over 540 million users with 46 million daily active users
  • Paytm is a publicly listed company with many shareholders

Memory Tricks

To remember the founder of Paytm, you can use the mnemonic "VSS"

  • Vijay Shekhar Sharma. You can also associate Paytm with the sound "Paytm Karo" to remember the brand.

Frequently Asked in Exams

Paytm is often asked in exams related to business, economics, and technology. Some common questions include:

  • Who is the founder of Paytm?
  • What is the parent company of Paytm?
  • How many users does Paytm have?

Frequently Asked Questions

Q: Who is the owner of Paytm?

A: Vijay Shekhar Sharma is the founder and CEO of One97 Communications Limited, the parent company of Paytm.

Q: When was Paytm launched?

A: Paytm was launched in 2010.

Q: What was the impact of demonetisation on Paytm?

A: The demonetisation of Rs 500 and Rs 1,000 notes in 2016 led to a significant increase in the use of Paytm, with the company's growth skyrocketing overnight.

Q: How many users does Paytm have?

A: Paytm has over 540 million users with 46 million daily active users.

Q: Is Paytm a publicly listed company?

A: Yes, Paytm is a publicly listed company with many shareholders.

Tags

#Paytm#Vijay Shekhar Sharma#One97 Communications Limited#digital payments#mobile wallet#online payments#payment system#Indian business#fintech#SSC#UPSC#RRB

FAQs

Q.Who is the owner of Paytm?

Vijay Shekhar Sharma is the founder and CEO of One97 Communications Limited, the parent company of Paytm.

Q.When was Paytm launched?

Paytm was launched in

Q.What was the impact of demonetisation on Paytm?

The demonetisation of

Q.How many users does Paytm have?

Paytm has over

Q.Is Paytm a publicly listed company?

Yes, Paytm is a publicly listed company with many shareholders.

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