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One97 Communications company logo
Corporation
MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Payments
one97.com

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Founded Year

2000

Stage

Series G - II | Alive

Total Raised

$4.73B

Last Raised

$660M | 2 yrs ago

Mosaic Score

+10 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About One97 Communications

One97 Communications is a mobile internet company. Paytm, One97's flagship brand, is a digital goods and mobile commerce platform. Paytm is also a payment solutions provider to eCommerce merchants using its RBI-approved semi-closed wallet. One97 also invests in early-stage mobile companies through the One97 Mobility Fund (OMF).

One97 Communications Headquarter Location

B 121, Sector 5

Noida, 201 301,

India

+91 120 4770770

Latest One97 Communications News

India Fintech Market Report 2021 Featuring PhonePe Private Ltd, One97 Communications Limited (Paytm), One Mobikwik System Private Limited (Mobikwik), and PolicyBazar.com

Oct 15, 2021

Dublin, IRELAND Dublin, Oct. 15, 2021 (GLOBE NEWSWIRE) -- The "Fintech Market in India 2021" report has been added to ResearchAndMarkets.com's offering. Fintech is one of the highest-growing technology segments in India, bringing innovation in various applications including loans, payments, stock trading, and credit scoring. As of 2020, India accounted for the highest fintech adoption rate (87%) and is the biggest destination for investment deals worldwide. Within the country, some of the top fintech destinations are Mumbai, Gurugram, Bengaluru, New Delhi, and Hyderabad. Mumbai and Bengaluru together represent ~42% of the fintech hub in India. Market Insights: The fintech market was valued at INR 2.30 Trn in 2020. It is expected to expand at a compound annual growth rate (CAGR) of ~24.56% between 2021 and 2026 to reach ~INR 8.35 Trn by 2026. Increased penetration of the internet and smartphones, and a rise in partnerships between fixed service incumbents and fintech companies propel its growth. Furthermore, funding through the Start-up India initiative, financial inclusion and enablement, tax and surcharge relaxation, and financial support to promote digital payments drive the market. Furthermore, funding support by the Indian government under the Start-up India initiative, financial inclusion and enablement, tax and surcharge relaxation, and financial support to promote the use of digital payments have also propelled the growth of the industry. Major economic interventions such as demonetization, promotion of digital payments through the Digital India initiative, and cashless economy movements have fueled the use of fintech. However, complex regulatory and compliance laws, concerns regarding data security, and threat of cybercrime are a few of the factors that impede growth. Major players operating in the market include PhonePe Private Limited, One97 Communications Limited (Paytm), One Mobikwik System Private Limited (Mobikwik), and PolicyBazar.com. COVID-19 Impact Analysis: The fintech market has benefited from the pandemic. With the onset of the pandemic, the fintech sector became the forefront of the country's financial inclusion struggle. The adoption of digital payments and lending surged. The market witnessed ~40% rise in the number of digital transactions amid the lockdown. Owing to the fear of public gatherings, people started shifting from traditional financial methods to cashless and digital methods of payment. The InsurTech segment experienced significant growth as people increasingly adopted life and health insurance. The market is expected to develop substantially with the surge in digital payments other financial technology solutions Companies Covered Mswipe Technologies Private Limited One97 Communications Limited

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Research containing One97 Communications

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned One97 Communications in 28 CB Insights research briefs, most recently on Sep 30, 2021.

Expert Collections containing One97 Communications

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

One97 Communications is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

865 items

F

Fintech 250

248 items

P

Payments

1,618 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

2

2018 Fintech 250

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

S

SoftBank Investments 2017-2019

146 items

a

ad tech

3,631 items

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