| Founded | 2010 |
|---|---|
| Country | India |
| Sector | Fintech |
| Total raised | ~$3.6B |
| Collapse type | Regulatory Kill |
| Founder | Vijay Shekhar Sharma |
Paytm
"India's largest-ever IPO became its most spectacular first-day crash then lost its banking license"
Forced closure by regulatory action
Key Events Timeline
Paytm (One97 Communications) was founded in 2010 by Vijay Shekhar Sharma as a mobile payments platform backed by Alibaba, Ant Group, SoftBank, and Berkshire Hathaway.
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