Paytm is India’s largest mobile first financial services platform offering payments, banking, lending and insurance. Paytm pioneered and is the leader of QR based mobile payments in India. With the launch of Paytm Payments Bank, the company aims to bring banking and financial services to 500 million un-served and under-served Indians. Paytm is founded by Vijay Shekhar Sharma and is headquartered in the National Capital Region, India. The company’s investors include Softbank, SAIF Partners, Alibaba Group and Ant Financial.
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http://articles.economictimes.indiatimes.com/2015-06-24/news/63782795_1_paytm-mobile-commerce-company-sapphire-ventures
http://economictimes.indiatimes.com/small-biz/startups/alibaba-in-advanced-talks-to-increase-stake-in-paytm-to-40-deal-may-value-indian-e-tailer-at-rs-23600-crore/articleshow/47872035.cms
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