Discover and read the best of Twitter Threads about #Paytm

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✨The Show business of CRED✨

They are not in the #Fintech business or the #Lifestyle business but the #Show business.

👇 Expand this thread to learn more about the $2.2 billion valuation of #CRED!
Had an interesting discussion with my fellow cohort members @StoaHQ about @CRED_club and its massive $215 million in a Series D, which values the business at a whopping $2.2 billion.
To understand what these ✨"marquee" VCs✨ might have seen in CRED, let's do a good old SWOT analysis of CRED.
Read 20 tweets
#ComingUp: Big newsbreak on @BiIndia, stay tuned.

@SanchDash Image
@SanchDash #EXCLUSIVE: India's largest insurer #LIC is inviting bids from payment aggregators⁠

businessinsider.in/finance/news/i…

By @SanchDash Image
@SanchDash The Life Insurance Corporation of India (#LIC), the country’s largest and over half a century old insurer, has a golden egg for India’s payment gateway operators.
Read 17 tweets
#GooglePay taken down from #AppleAppStore, some users might experience payment failures

businessinsider.in/tech/apps/news…

By @jainrounak Image
The #GooglePay app has been temporarily taken down from the #AppleAppStore. When users search for the Google Pay app on App Store, the search results show its competitors like #PhonePe and #Paytm.
According to #Google, the app has been taken down temporarily to fix an issue. An update will be issued soon with a fix.

#GooglePay #AppleAppStore
Read 6 tweets
Vijay Shekhar Sharma (@vijayshekhar) fires the shots – @Paytm launches its own Android mini-app store to take on #Google - by @SanchDash

businessinsider.in/tech/news/vija… Image
After reports of Indian startups getting together to launch their own app store to tackle #Google’s monopoly, @Paytm has now announced that it has launched an Android mini-app store for Indian developers.

@vijayshekhar
Mini apps are a ‘custom-built mobile website’ with the same functionalities as a regular app. It is a hybrid solution between a website and an app.
Read 8 tweets
.@Paytm says your money is safe and the app will be back soon on Play Store - by @SanchDash

businessinsider.in/business/start…

@vijayshekhar Image
@Paytm @SanchDash @vijayshekhar Alleviating the concerns of millions of users, the #VijayShekharSharma -led #Paytm has said that the money of all users is safe on the app.

@vijayshekhar
@Paytm @SanchDash @vijayshekhar On September 18, the #Paytm app was removed from the #GooglePlayStore, as #Google said it doesn’t allow ‘unregulated gambling apps that facilitate sports betting’. The reference was for #PaytmFirstGames which is a fantasy gaming platform.

@vijayshekhar
Read 3 tweets
#BREAKING | #Paytm app removed from the Play store, #Google says it doesn't allow unregulated gambling apps

businessinsider.in/tech/apps/news… Image
The #Paytm app has been removed from the #GooglePlayStore. The reason reported for the removal of the app is that #Google doesn’t allow ‘unregulated gambling apps that facilitate sports betting’.
According to CNBC-TV18, #Google had notified developers about this a few days ago. It also said that it is working with #Paytm to bring the app back on the #PlayStore.
Read 5 tweets
PayTM Money enters broking business!

#Paytm #zerodha Image
my general sense is it that broking is sticky
unlikely people will switch

checking if you think you/others will join from existing broker given paytm has a large userbase
Paytm Money stock broking: features, charges, account opening process
livemint.com/market/stock-m…

Anyone has a good comparison of @PaytmMoney vs @zerodhaonline zerodha?
Read 3 tweets
Yesterday I wanted to buy a #OnePlus 8Pro but I stopped because it's made in #China. So I changed my opinion and searched for #iPhone, sadly 80% of iPhones are made in China☹️ Finally I decided to open #Flipkart to search for other mobiles but flipkart is funded by Chinese 🤘👇
I was extremely disappointed and thought of eating some delicious food 🍴🍕🍔 for that I opened #Zomato and #Swiggy irony is that both are funded by Chinese firms. Finally I decided to order some snacks from #Bigbasket, this is also funded by china. 😭🥵👇
I was vexed and wanted to go to restaurant and eat 🍝 . To go there, I tried booking #Ola and cancelled because China funded Ola too. I wanted to compromise for food but Ola driver was accepting ride only if I pay through #Paytm but again China has made investment in Paytm. 👇
Read 5 tweets
#PAYTM COMPANY ANALYSIS:

🔶 COMPANY:

- One97 Communications Ltd.
- Regd: 2000, New Delhi

🔶 INCOME STATEMENT:

- Revenue: ₹3,391 Crore
- Expenses: ₹7,255 Crore
- Net Loss: ₹3,960 Crore

🔶 CAPITAL STRUCTURE:

- Paid-up Capital: ₹6 Crore
- Auth Capital: ₹104 Crore

(1/n)
#PAYTM COMPANY ANALYSIS:

🔶 KEY PERSON:

- Name: Mr. Vijay Shekhar Sharma

- Designation: Founder, MD & Chairman)

- Remuneration: ₹ 3 Crore

- Other Benefits: 2 cars, drivers, home, meal, fuel, insurance, medical, utility bills, PF, gratuity, etc.

- Shareholding: 16%

(2/n)
🔶 BOARD OF DIRECTORS:

- Jing Xiandong
- Joesph Chung Tsai
- Mark Schwartz
- Ravi Adusumalli
- Todd Combs
- Munish Varma
- Mukul Arora
- Pallavi Shroff
- Chen Yan
- Ting Hong Kenny Ho

🔶 AUDITORS:

- Internal: KPMG
- External: Price Waterhouse
- CS: PI & Associates

(3/n)
Read 9 tweets
Precautions for #CoronaWarriors during #coronavirus pandemic:
24 points tat can save ur and ur family members life
#medtwitter
@DrHarjitBhatti @DrRebellious
1. No belts (not possible to clean them effectively)
2. No wallets
3. No cash/coins-UPI/#Paytm etc
#coronaupdatesindia
4. Use mobile phone as less as possible
5. Before going home at end of shift: place pen, stethoscope and hospital notes in a plastic resealable bag after cleaning them with alcohol 70%. Leave them in hospital if possible.
6. ‘Bare below elbows’ in hospital
#coronavirusinindia
7. Clean hands frm elbow below, with soap & water just before leaving duty. try not to touch any surfaces until u leave hospital.
8. Use cheap or old shoes if possible while going to hospital & throw them away when the pandemic is over.
9. Clean stethoscope with 70% alcohol
Read 8 tweets
FY19 results of Start-up companies:
(Courtesy: Financial Express).
#Flipkart: 4234 Cr revenue & 1624 Cr loss.
#Amazon: 7594Cr revenue & 5685 Cr loss.
#PayTm: 3050Cr revenue & 3960 Cr loss.
#OYO: 6457 Cr revenue & 2385 Cr loss.
#BigBasket: 2381Cr revenue & 348 Cr loss.
#Grofers: 70Cr revenue & 448 Cr loss.
#Zomato: 1159Cr revenue & 571Cr loss.
#Swiggy: 1122Cr revenue & 2346Cr loss.
#Ola Cabs: 1886Cr revenue & 1160 Cr loss.
#Delhivery: 1654Cr revenue & 1781Cr loss.
#Rivigo: 1003Cr revenue & 510 Cr loss.
#LensKart: 474Cr revenue & 28 Cr loss.
#UrbanLadder: 298Cr revenue & 49Cr profit.
#Pepperfry: 193Cr revenue & 183 Cr loss
Read 3 tweets
How a timely help lead to a formation of multi billion dollar company #PAYTM Here’s the story
It was the year 2004. Vijay was struggling with his company One97 Communications,it was difficult for him to pay salaries for his employees and cost of business operations was also high
So some days he would do training or consultancy work to make money. He would go to companies and teach their employees about the InternetHe was paid Rs.1000 for a day of training. For some of the companies, he would setup a website & email while his team ran the One97 operations
The money Vijay earned this way kept One97 going. While on the training-consultancy circuit, Vijay ran into Piuyush Agrawal, whose Polar software needed help with its technology. Vijay’s work took Agrawal’s company from no profits to handsome profits.
Read 14 tweets
Someone in my friend circle was scammed using a BSF Jawan's identity, (BSF ID Card, Aadhar Card etc was shared) and he lost around 50k. All through UPI.

#UPIScam #OLXScam

(I've tried to cover the details of the ID as this must be a case of stolen identity)

Thread 👇
My friend had posted an ad on @OLX_India to sell his Air Conditioner. The scammer contacted my friend on June 10 & told him that he is a BSF Jawan, posted somewhere in Shimla, and told him that he is interested in buying, but he wont be able to come and collect it in person.
Scammer said he will send his brother instead to collect the AC, and in return he will send the amount(agreed at 15k) through UPI. Considering it being a decent deal, and scammer introducing himself as a 'BSF jawan', w/ all the proofs, made my friend believe in him.
Read 15 tweets
@ripul here is another instance from my personal experience. I heard my friends saying that they don't want group bulk money transfers in their account due to tax reasons.
@jennylg saw your UX Researcher post on Linkedin. Thought you might be interested in this thread.
Read 4 tweets
2/ account, 2 credit card and 2 e-wallet with some offers and discounts. Everyone want to collect mile points, credit card points and best credit card discount available for transactions. We need to book 10 flight tickets to destination A, 10 train tickets to destination B, 10
3/ return flight tickets. Apart from that we are booking 5 rooms in destination A for which randomly 5 friends will pay. The other 5 friends will pay for the booking of rooms in Destination B. How could we join our Trip accounts together to make a group and then pay for the
Read 4 tweets
Developing #AI capabilities for Comparing Attributes will be the next big #IT boon. #Comparing two non sorted attribute list of two products in #amazon, text list with clicked images (by optical character #recognition), arithmetic comparison between
itineraries and distribute cost evenly. And then somewhere down the lane audio based #ConversationalCommerce will bloom. So much of work to do with AI Comparing products, quotes and services that it could be a mammoth Business Unit in a Company.
Mushrooms of companies and specialized api in comparing various aspects. Collaborating over middle-ware platforms. Then presenting it to the user in the form of Zero UX.
#JustDial #sales #googleduplex #voice #Telecom #booking #wallmart #marketplace #business #CEO #OCR #CTO #Paytm
Read 3 tweets
@Paytm any issues with your @PaytmBank ? tried transferring the money a few times and all went in pending state. Source account is debited and mode used was @PhonePe_ #upi
Also, @Paytm how do you ensure that at the toll plazas dual debit doesn’t happen? In a recent case, cash was collected at the toll and the fastag wallet also got debited. Realised the same with a delay as the notification came after sometime. @deepakabbot @vijayshekhar #paytm
@Paytmcare screenshot of the transaction has been sent as a DM and also a ticket has been raised in the app as well. @Paytm
Read 4 tweets

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