The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations .(September 2025) |
| | |
| Company type | Subsidiary |
|---|---|
| Industry | Financial services |
| Founded | 2017 |
| Headquarters | |
Key people | Sandeep Bhardwaj (MD & CEO) |
| Parent | One97 Communications Limited |
| Website | www |
Paytm Money is an Indian wealth-technology (wealth-tech) platform and stock broker. It is division of One97 Communications, the parent company of Paytm. Headquartered in Delhi, it offers retail investors access to equities, derivatives, mutual funds, exchange-traded funds (ETFs), initial public offerings (IPOs), fixed income instruments, and retirement products.
Paytm Money was incorporated in 2017 as a wholly owned subsidiary of One97 Communications. It launched in 2018 with direct mutual fund investments via a commission-free platform. [1]
Between 2019 and 2021, the platform expanded to include stock broking, retirement products, and futures & options trading. It also introduced features like IPO applications, AI-powered voice trading, and stock SIPs. [2]
In 2023, the company introduced a bonds investment platform and reported profitability for FY 2022–23, citing brokerage income growth. [3] [4]
In 2024–25, Paytm Money launched margin trading facilities, expanded derivatives to BSE, and introduced trader-focused tools such as options scalpers, max-pain charts, and advanced chart-based order placement. [5]
Paytm Money has received awards such as Celent’s "Model Wealth Manager Award" and IFTA WealthTech recognition. [6] [7] Paytm Money launches India’s first AI-driven equity fund. [8]