Paytm Shareholders: Paytm, an Indian e-commerce payment system and digital wallet company. Based out of NOIDA made the most out of demonetization following which the company is expanding ever since. But the real story is not what it looks from the outside.
Here are the details of Paytm Shareholders 2019:
PayTM is the consumer brand of India’s leading mobile internet company One97 Communications. One97 investors include SAIF Partners, Intel Capital, and SAP Ventures.
One97 holds about 39% shares in the company which implies that SAIF Partners, Intel Capital, and SAP Ventures have their consecutive shares in the company.
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Alibaba, when invested in PayTM, took around 25% share in the parent company One97 along with taking some share in PayTM. Following which the company got funding from the MD of Tata Sons, Mr. Ratan Tata.
After which, Softbank (majority stockholder of most successful startups gave the company including Alibaba) gave a huge $356 million for a stake of 4%-3% in PayTM.You May Also Like: Why is he even trying? Rahul Gandhi
Along with that Capital, SVB (Saama Capital) and SAP Ventures used to have a combined stake of about 4.3% in the company. Which they have sold their share to the major investor of the company that is Alibaba and Ant Financial. Afterward in March 2017, around 47 employees at the Noida-based company sold shares worth about Rs 100 crore when it was valued at $4.8 billion. Making millions in seconds and getting their pockets filled with huge profits.
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Below is a staggering fact about the success deal Alibaba cracked with Reliance Capital:
“Reliance Capital, which held a stake of about 0.7% in One97, sold its stake to Chinese internet giant Alibaba for $41 million.”
And speculations are that there will be over 50% increase in $10 billion valuations since it raised money from Berkshire Hathaway. The first investment by the Warren Buffet-owned company in a private technology company in the world. Following which the share percentage of Vijay Shekhar Sharma-promoted Paytm is around 13%-14%.Neglecting the share in ONE97 which further have a share of 39% in PayTM.
So to tell in simple words and conclude, before the major funding of PayTM by majorly Alibaba, SoftBank, and Berkshire Hathaway the share percentage of Vijay Shekhar Sharma was 51% but after getting major fundings following which the company grows more rapidly is at 14%-16% for the time being.
Some more random facts:
- PayTM raised around $60 million from another investor namely MediaTek.
- For early investors Saama Capital and SAP, this could mean a return of more than 50x on the money they invested in One97 during 2011.
- The percentage share of Vijay Shekhar Sharma is about 14%-16% as of now.
*Infoherd doesn't fully guarantee the authenticity of the information.