While we live, breathe and enjoy our rights in an independent India, there is a whole force out there braving tough conditions, sometimes even death, to guard our borders, our freedom, our lives. Join us as we say say thank-you to them in our own way this 26th Jan.
Part of profits Paytm makes on 26th Jan, 2014 will go to the welfare of the army men and their families. These funds will be used for the rehabilitation, development and empowerment of the army families, ex-servicemen, war widows and the differently-abled.
All orders coming to Paytm on 26th January will be counted for this. The funds will be contributed to an organization working exclusively for this noble cause.
Paytm customers have supported us on many such instances before. On Diwali in 2013, they came forward and helped us give all our earnings to the blind. Before that when we were trying to contribute to Uttarakhand Flood Relief, because of our Paytm customers it became such a glorious mission!
So we are again all set to make this new cause super successful – with their help, and truly have a Happy Republic Day!
One97 and Paytm have been in the news recently. Here’s a news digest from December 2013.
One97, SingTel to launch gaming platform in India
Mobile-internet firm One97 has tied up with Singapore Telecommunications to launch its gaming platform in India. One97 has also integrated its payment portal paytm.com with billing systems of leading mobile phone companies including Vodafone and Idea to create an in-app purchase and billing mechanism.
Read more here
Paytm clocks shortest customer service response time – A study
A study on responsiveness to customer queries was done by Airwoot, and Paytm emerged on the top! The study says: 90% of the time Paytm responds back within 30 minutes
Read more here
About One97 Mobility Fund
One97 Mobility Fund: An early stage tech investment arm formed by One97 in association with its private equity investor SAIF Partners. The fund typically invests $500,000 to $5 million across seed and early stage opportunities, and has invested in 12 startups so far. While the fund had been investing in startups with niche products and was sector-agnostic; in June 2013, it moved away from being sector-agnostic and is now focusing only on the mobile space.
For all the times we have been angry about things not being the way they should; or raving mad at how those who should lead are more concerned about greed; for all the times our helplessness has taken away our peace – this is our one chance to stand up, say something. This is our one chance to be heard.
Of course every vote counts. Your vote counts. You will lead India to awesomeness. You will recharge a nation. We are counting on you!
Don’t give up your right, don’t falter in your duty. Please cast your vote in Delhi elections today.
“As we work to create light for others, we naturally light our own way.” ― Mary Anne Radmacher
As part of our CSR initiative by Paytm, we were able to achieve our mission of donating our profits to the National Association for the blind this Diwali. Paytm team handed over the cheque to the National Association for the Blind recently.
Ms. Shalini Khanna, Honorary Secretary of the National Association for Blind, New Delhi wrote to us saying:
“We are really touched by this genuine initiative of yours and your team to have raised the funds! And it comes as a sheer surprise to us that a business venture is sensitive and contributive to the weaker sections of the society. We appreciate this silent support of yours for the rehabilitation of blind women who wish and try to stand on their own in spite of their disability, with some support for education and training from NAB centre.
Our success stories are all the 400 girls who have been trained by now. While many are independent with jobs in banks and Govt. and private sector, some of them continue to excel through higher education support given by our donors like you.”
Here is a warm note of thanks to all Paytm customers who responded to our call for this noble mission!
Let’s continue spreading light!
by Vijay Shekhar
We all know mobile internet is now mainstream. if you count mobile as big, everything on mobile Internet will be bigger than (desktop) Internet.
In tech industry where winner takes it all, Social was one big surprise for old internet companies. All traction matrix of social surprised us all.
For social networks, the surprise was not long after. Today, mobile is eating their lunch. Mobile only messengers have become full platforms of messaging, content and all digital goods consumption.
When I met Pratyush for their first fund raise, I was sure of their business being bang in middle of great opportunity and thinking if it should be an investment or a full business for us. Today, we know that we can have the same great team building this business together at One97.
Welcome plusTXT, pioneer language messenger for India. We are thrilled to announce that Pratyush and Lohit, Lokesh and Parag are joining One97 to build a great business together. We will integrate it for a quarter and push the envelope to surprise our consumers with great innovations.
Hello World !
“One question that I often come across when I’m having conversations with incredible entrepreneurs is – ‘Where is exit, and when is exit?’, and I have an answer to this magically, which is, we invested in a company WaveSecure, which was out of Singapore and they created a smartphone security product, right! And, with that, you remotely could wipe your data or create backup or lock the phone, track the phone – all those features; incredible use case in smart phone era. Now this company, when it was creating this product, was one of the few companies in the market and they got a high tide. Soon, this product started to get competition in the market and they needed lot more money to raise than the money they had raised from us. So, the guy made a phone call to me at 11:30 in the night in one of those days when he was visiting San Francisco, and said that he was wondering if he should raise more money and if yes, then how much? – My favorite question, by the way! And I said, how much is the need? And instead of answering that, he started quoting to me that other people have raised 20 million dollars, 35 million dollars and they are also working on this and so on, and I was just nodding my head during the whole conversation. And then he put a very interesting question forward that Vijay, do you think we should sell our company? And I said, what happened? To which he replied, well the point is that this money being raised is so large in the market and I was having a conversation with McAfee and they might be interested in buying our company. I had a very simple question to ask and I said– Do you think you should sell your company? To which he said – Yea, I think we should sell our company. I said you’ve an answer, why do you want me to answer this, right? So, when should you exit? in your mind, you have your answer! You might need somebody to equate with, you might need somebody as a bouncing mode to get an answer of it, but the answer will lie in your head. When you know this is the end of your this journey of start-up, you’ll know in your mind. Sometimes, we are fatigued; remember it is a warning alert that fatigue is not the indication of that you’re exiting or should exit! We all are intelligent in the business we’re doing, right? So, the logical conclusion to when it is about that it should end is that you should have some bouncing mode discussions and then do it. No other person will tell you that this is the exit but yourself. Every other person can be acting like a bouncing board and may you choose wisely!”
This is part of a video series in which our founder Vijay Shekhar Sharma advises Start Ups on several crucial aspects in a NASSCOM initiative - 10000 Startups, which aims at incubating, funding and supporting 10,000 technology start-ups in India over the next 10 years.