Paytm’s diversified businesses bring massive revenue, leave behind its competitors

New Delhi: Fintech giant Paytms parent company One97 Communications Limited is headed for a $3 billion initial public offering (IPO), the highest ever market debut in India, and while the market leader has established its presence across a plethora of businesses, its competitors are only now exploring an expansion into other services.

The company, which has been a public limited company for long, is expected to list in the Indian stock market by November.

The company has leveraged its multi-payment architecture, and sees revenues that are multiple times higher than any other company in the digital payments and financial services category.