Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Nov 02, 2021

Paytm IPO - Digital Ecosystem Offering Inclusive Access To Financial Services: ICICI Direct

Paytm IPO - Digital Ecosystem Offering Inclusive Access To Financial Services: ICICI Direct
A restaurant advertises the use of the Paytm digital payment system in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct's IPO Report

One 97 Communications Ltd.'s (Paytm) network effect creates sustainable advantages through cost effective acquisition of consumers and merchants; reinforce the platform by building higher engagement and stickiness with consumers and merchants; build high-monetisation products at low cost of acquisition.

Paytm brand is India's most valuable payments brand, with value of $6.3 billion and remains the easiest way to transact across multiple methods.

Paytm focuses on consumers and merchants who have limited access to financial services products, have a massive scale, are significantly underpenetrated, and have huge growth potential.

A key strategic focus is to scale up its consumer and merchant lending businesses, including Paytm Postpaid and wealth management offerings  Paytm plans to continue to expand the merchant network across cities and towns in India while deepening partnerships with existing merchants.

Click on the attachment to read the full IPO report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search