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Name of the Company

One97 Communications Limited (One97)

One97 was incorporated in 2000 by Mr. Vijay Shekhar Sharma, Managing Director and Promoter. One97 is a provider of telecom value-added services. It develops and procures content and applications to provide the relevant platform for delivery of VAS products and services. These platforms are integrated with the core network elements of TSPs. These applications can be deployed on any telecom network and accessed from most mobile handsets. One97 utilises interactive voice response (IVR) system, short message services (SMS), unstructured supplementary services data (USSD) and wireless application protocol (WAP) technology to deliver products and services.

Paytm (Pay Through Mobile) was incorporated in 2010 under One97 Communications Ltd as a prepaid mobile recharge website. Over the years, the company has undergone a paradigm change moving from a mobile recharge website to e-commerce. The PayTM mobile wallet launched in 2013, now has over 200 million registered users. The company has expanded its base to allow users pay utility bills, book hotels, buy movie, bus and flight tickets, pay their loans and engage in many other financial services.

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