Paytm Money

Last updated
Paytm Money
Company typeSubsidiary
IndustryFinancial services
Founded2017
Headquarters
Key people
Sandeep Bhardwaj (MD & CEO)
Parent One97 Communications Limited
Website www.paytmmoney.com

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.

Contents

History

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]

Recognition

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]

References

  1. "Paytm sets up investment and wealth management unit for its users". Business Standard. 10 January 2018. Retrieved 25 September 2025.
  2. "Paytm To Launch Investor Dedicated mutual funds Buying App Paytm Money". Franchise India. 15 January 2018. Retrieved 25 September 2025.
  3. "Paytm Money In The Black, Posts INR 42.8 Cr Profit In FY23". Inc42. 6 July 2023. Retrieved 25 September 2025.
  4. "Paytm Money posts Rs 40 Cr profit in FY23, scale grows 2X". Entrackr. 18 September 2023. Retrieved 25 September 2025.
  5. "Paytm Q4FY23 Revenue Rises To ₹2,334 Cr, Operating Profit Jumps 3X QoQ To ₹101 Cr". Outlook Business. 6 May 2023. Retrieved 25 September 2025.
  6. "JioBlackRock Flexi Cap Fund NFO Opens September 23 On Paytm Money". News18.
  7. "Paytm Money partners with JioBlackRock to launch India's First Systematic Active Equity Fund". IndianWeb2. 20 September 2025. Retrieved 25 September 2025.
  8. "Paytm Money launches India's first AI-driven equity fund with JioBlackRock". The Hindu.