Table of Contents
Who are the investors in Paytm?
Its investors include Softbank, Ant Financial, AGH Holdings, SAIF Partners, Berkshire Hathaway, T Rowe Price, and Discovery Capital. Vijay Shekhar Sharma, Founder & CEO of Paytm and One97 Communications Limited together own Paytm Payments Bank, country’s largest digital bank with over 58 million account holders.
Is Paytm good for long term investment?
As per a report by Macquarie Capital Securities, Paytm seems to be overvalued with no profitability in sight for the long term. Ravi Singhal of GCL Securities advises existing shareholders to look for a bounce-back and cash-out while new investors should avoid taking an active position.
Is Paytm making profitable?
Paytm, which has moved wildly since its listing after India’s largest initial public offering, has received the first buy rating from a brokerage that expects the company to turn profitable by March 2026. The brokerage has set a target price of Rs 2,500 ($33.4), which is 16\% higher than the company’s issue price.
Who is the biggest investor in Paytm?
Funding and shareholding
| Shareholders | Shareholding |
|---|---|
| Vijay Shekhar Sharma | 14.67\% |
| Ant Group | 29.71\% |
| SoftBank Vision Fund | 19.63\% |
| SAIF Partners | 18.56\% |
Which stocks are best for long term?
HDFC2565.350.25\% Hindalco458.151.18\% Cipla933.300.33\% Indus Towers247.65-0.12\%
Can we hold Nykaa for long term?
Profit booking in the counter of Nykaa is expected to prolong for some more time and it can take the scrip to price levels between Rs. 1950, while still aggressive investor class can continue to ‘Hold’ the scrip for long term.
How much is Paytm worth?
As of 2020, Paytm is valued at US$16 billion. As per the company, more than 2 crore merchants across India use their QR code payment system to accept payments directly into their bank account.
Why did Paytm failed?
Paytm’s stock sank nearly 28 per cent, hitting the lower circuit, due to criticism about the company’s expensive share valuation and lack of profits. The company’s stock sank nearly 28 per cent, hitting the lower circuit, due to criticism about the company’s expensive share valuation and lack of profits.
Is Paytm losing money?
The company reported a loss of 4.74 billion rupees ($63 million) in the quarter ended September from 4.36 billion rupees in the same period a year ago. It’s the first earnings report since Paytm pulled off India’s biggest IPO just days ago.
Who is the CFO of Paytm?
Madhur Deora
Madhur Deora, President and Group Chief Financial Officer, Paytm says it’s hard to decipher what went wrong as many investors were comfortable investing at the IPO price. In an interview to Neha Alawadhi & Samie Modak, Deora says the company needs to communicate better and shares his key learnings.
Who are paytm’s new investors?
Yet, last month, Paytm raised $1 billion in fresh capital from existing investors Ant Financial, SoftBank Vision Fund and Discovery Capital, as well as from new investors T Rowe Price Associates Inc. Paytm’s valuation jumped to $16 billion from $10-11 billion, when it had secured its last funding round from Berkshire Hathaway in September 2018.
Is Paytm’s Wallet transaction value dropping?
According to the latest data from the Reserve Bank of India (RBI), wallet transaction value dropped to ₹ 15,109 crore in October 2019, from ₹ 18,786 crore a year ago. This has major implications for Paytm, which at $16 billion is India’s most valuable internet startup by far, ahead of the $10 billion valued Oyo.
Is Paytm’s spending unsustainable?
Since early 2015, Paytm has raised nearly $4 billion in capital to lure customers and merchants alike. Most of its spending has gone towards cashbacks and marketing. Clearly, the spending was unsustainable.
What is Paytm’s corporate governance like?
Paytm’s corporate governance practices also attract scrutiny, not least because of the unrestrained power wielded by its founder and chief executive (CEO) Vijay Shekhar Sharma.