One97 Communications
Overview
One97 Communications Ltd. is an Indian multinational technology company headquartered in Noida, Uttar Pradesh. Founded in 2000 by Vijay Shekhar Sharma, the company is best known for operating the Paytm platform, which offers a wide array of digital services, including mobile payments, e-commerce, financial services, and more. Through its subsidiaries and businesses, One97 Communications provides digital payment and financial services to consumers and merchants across India, along with mobile advertising, marketing, and payment solutions for merchants. The company's investment strategy focuses on early-stage investments, particularly in seed and Series A funding rounds. It primarily invests in the Indian market, targeting sectors such as financial services, technology, e-commerce, mobile payments, digital advertising, insurance, gaming, retail, travel, media, entertainment, telecommunications, software, fintech, food and beverage, and foodtech. One97 Communications typically invests between $10 million and $50 million in each portfolio company. Over the years, One97 Communications has attracted significant investments from prominent investors, including SAIF Partners, Intel Capital, SAP Ventures, and Silicon Valley Bank. The company has also received funding from Alibaba Group and Berkshire Hathaway. In November 2021, One97 Communications went public, raising $2.5 billion at a valuation of $19 billion, marking it as India's largest initial public offering at that time. The company's diverse portfolio and strategic investments have contributed to its growth and prominence in the Indian digital services landscape.
Investment Focus
- Early-stage investments
- Seed and Series A funding rounds
- Focus on Indian market
- Target sectors: financial services, technology, e-commerce, mobile payments, digital advertising, insurance, gaming, retail, travel, media, entertainment, telecommunications, software, fintech, food and beverage, foodtech
- Investment size: $10 million to $50 million per portfolio company
Portfolio Companies
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Unlock full contacts →Frequently asked questions about One97 Communications
What sectors does One97 Communications invest in?
One97 Communications invests in Financial Services, Technology, Telecommunications, Media, Insurance and Retail, and is based in Uttar Pradesh, India. One97 Communications is listed as a corporate vc in the ConnectSafely investor database.
What stage does One97 Communications invest at?
One97 Communications backs companies at Seed and Series A, writing cheques of 10M - 50M.
Which regions does One97 Communications invest in?
One97 Communications invests across India.
What companies has One97 Communications invested in?
One97 Communications's portfolio includes Paytm Mall, Paytm Payments Bank, Paytm Money, Paytm First Games, Paytm Travel, Paytm Insurance, Paytm Postpaid and Paytm for Business.
Last updated · Source: ConnectSafely investor database
