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  • Startup Mic

The Paytm Story

Launch: 2010

Founder:  Vijay Shekhar Sharma

Industry: Fintech

Estimated Valuation: $15 billion

Paytm started out as a digital wallet in its initial days but has transformed into a completely new payments platform. The fintech service has been able to emerge as the top fintech company even after facing fierce early competition from brands like Freecharge. 

Fact: Paytm’s userbase grew from 125 million to 185 million three months post demonetization.

Vijay Shekhar Sharma, who was struggling to make ends meet with Rs 10 in his pocket, tasted victory the hard way, and today, he stands as the founder of the billion-dollar homegrown unicorn. 

Visit their website here.

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