Digital payments and financial services platform Paytm had filed its DRHP on 15th July 2021. It gave us an insight into the numbers which make the company India’s largest internet ecosystem. As the Vijay Shekhar Sharma-led company is headed for India’s largest IPO worth $2.2 billion, here’s how the company has grown over the years.
Today Paytm has over 333 million consumers and 21 million merchants. The company is building India’s largest internet ecosystem that expands beyond payments; perhaps in the race of creating a super app - an app for everything. In fact, Paytm has become synonymous with all things digital for the Indian consumer.
Here are the numbers from its DRHP and other sources.
Paytm is India's largest payment gateway aggregator based on total transactions, for the FY20-21, with the widest ecosystem of payment instruments. It is also leading the market on both sides of the segment — customers, and merchants. The payment giant recorded 5.9 billion merchant transactions in FY 2021.
According to RedSeer, the company has the largest payments platform in India; a GMV of INR 4,033 billion in FY 2021. As per the company’s DRHP, Paytm has a 40% market share in consumer to merchant transactions; in the consumer-to-merchant wallet transactions, it has a 65-70% market share. Further, starting with bill payments and mobile top-ups as the first use cases, and Paytm Wallet as the first Paytm Payment Instrument, the company has built the largest payments platform in India based on the number of consumers, number of merchants, number of transactions, and revenue as of March 31, 2021, according to RedSeer.
As per the Kantar BrandZ India 2020 Report, the brand is India's most valuable payments brand, with a brand value of US$ 6.3 billion. The brand image lets the company leverage the power of both the consumer and merchant side on the payment network, which will drive a majority of its digital lending products.
During FY 2020, Paytm sold movie tickets across 5,700 screens; thus, making it the second-largest booking platform in India. Its Payments Bank also has the largest scale among all licensed Payments Banks in India. Further, the latter is also the largest issuer of FASTags in India and the largest Electronic Toll Collection acquirer bank for FASTags.