Har Ghar Tirangaa, Har Haath Paytm: Read our Shareholders’ Confidence in our Business Model

byDilip PrasadAugust 25, 2022
Har Ghar Tirangaa, Har Haath Paytm: Read our shareholders’ confidence in our business model

It was our first AGM after getting listed and we are deeply humbled by the faith that our shareholders have shown in our mission. Our shareholders lauded Paytm’s pioneering work in India’s digital revolution and manifested confidence in our business model.

Saluting the vision of Paytm, our shareholder Mr Praveen Kumar said that we have become a household name, from a tea stall to fruit vendor, everyone is using Paytm. He called Paytm the backbone of digital payments in India.

Mr Manjit Singh applauded our business model that has made Paytm visible everywhere. He said that the foundation laid by Vijay Shekhar Sharma since August 2010 has brought Paytm to where it is today. Commending our phenomenal growth, Mr Santosh Kumar said that Paytm has been single-handedly responsible for the seamless transition to digital payments in India.

Paytm has become synonymous with mobile payments in India as our shareholder Mr Shripal Mohnot pointed out. The evening took a poetic turn when he said, “Har ghar Tirangaa, har haath Paytm (National flag in every house and Paytm in every heart)”.

Celebrating our achievements, Mr. Lokesh Gupta said that Paytm is India’s leading payments app. Unwavering support was shown by the Paytm family at the AGM with Mrs Celestine Mascarenhas saying, “Paytm will become stronger and stronger each day. One day we will all rejoice.” Mr Jasmeet Singh appreciated our efforts of transforming India and being instrumental in its evolution to becoming a digital economy.

The energising AGM has given new wind to our sails. Overwhelmed by such an enthusiastic participation by the shareholders, Vijay thanked the Paytm family for their support and blessings. He expressed gratitude to the trust and confidence that our shareholders have placed in us.

Our Founder & CEO assured the shareholders that as the company has committed earlier, Paytm will post operational profit in the quarter ending September 2023. He said that Paytm is committed to both expansion and profitability and aims at becoming an impactful company for the country. Answering questions of the shareholders, our CEO said that it is his personal ambition to not just become a profitable company but to also make its workforce diverse and inclusive.

Paytm is a market leader of mobile payments in India, serving customers as well as small and large merchants. Being at the forefront of the digital revolution in India, Paytm’s technology platform is focused on delivering newer ways for payment solutions. Our offering to the ecosystem is innovative technology and the ultimate business solution that has become mainstream for the industry and the country. We are committed to our mission of bringing half a billion unserved and underserved Indians to the mainstream economy.

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