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Paytm Money

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Paytm Money
Company typeSubsidiary
IndustryFinancial services
Founded2017
HeadquartersDelhi, India
Key people
Sandeep Bhardwaj (MD & CEO)
Parent One97 Communications Limited
Websitewww.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.

History

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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

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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

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  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.