Jio BlackRock and Paytm Money, the wealth tech division of the fintech titan Paytm, have partnered to introduce a new AI-powered systematic active equity (SAE) fund for individual investors.
The financial giant said in a statement that Paytm Money will only provide Jio BlackRock flexi cap fund subscriptions. On September 23, the new fund offer will go live, and it will end on October 7. According to a release by Paytm, investors can start with a minimum investment of just INR 500 through a lump sum or systematic investment plan (SIP).
According to a Paytm representative, the company has teamed up with Jio BlackRock to offer its flagship flexi cap SAE fund to Indian retail investors. With the entry barrier reduced to just INR 500, all Indian investors can now access strategies that were previously exclusive to international institutions.
What is systematic active equity (SAE)?
The SAE technique was created by BlackRock, a US-based asset management firm, and uses AI and machine learning to examine big, complicated data sets and produce investment insights for almost 1,000 Indian businesses.
The Jio BlackRock flexi cap fund described before asserts that its indicated total cost ratio is 0.5%. It is anticipated that the cooperation will employ Jio BlackRock’s technical know-how, Paytm’s large user bases, zero-commission strategy, and digital onboarding to attract India’s expanding group of retail investors and establish a foothold in the wealth tech industry.
BlackRock and Jio Financial Services have partnered to form Jio BlackRock Asset Management. The company’s announced plan to launch about a dozen equity and debt funds in India by the end of 2025 includes the most recent NFO.
Jefferies Hiking Paytm’s Price Tag
The news comes just a day after broking company Jefferies increased Paytm’s price target (PT) to INR 1,420, citing fresh prospects for the fintech giant in wealth management and BNPL products.
The fintech powerhouse earned a profit in Q1 FY26, reporting a net profit of INR 122.5 Cr as opposed to a net loss of INR 840.1 Cr in Q1 FY25. This is another reason for the bullishness. During the reviewed quarter, Paytm’s operating revenue increased by 28% to INR 1,918 Cr from INR 1,502 Cr during the same period last year.
A rising top line, increased investments in Paytm Money, and lessened regulatory obstacles are all contributing to the company’s stock price increase. The company’s stock has risen over 33% in the last three months and is up almost 15% so far this year.
Quick
Shots
•NFO open from September 23 to October
7, 2025, with a minimum investment of just INR 500 via lump sum or SIP.
•SAE strategy uses AI and machine
learning to analyze complex data for around 1,000 Indian companies, creating
data-driven investment insights.
•Fund is a flexi cap SAE fund with an
indicated total cost ratio of 0.5%, aimed at making institutional-level
strategies accessible to retail investors.
•The collaboration leverages Jio
BlackRock’s tech expertise and Paytm’s large user base and digital onboarding
to tap India’s growing wealth tech market.
At present, the world has experienced huge growth in online payments, and with the Covid-19 presence, people preferred to use online payment methods for almost everything as it is safe and secure. More and more people are opting for a cashless way to transfer money. Here, comes the work of the payment gateway. A payment gateway is basically a merchant service that connects the users’ bank accounts with the platform where the users need to transfer their money. A bank may provide a payment gateway to its customers, there is also a specialized financial service provider such as a payment service provider which provides it as a separate service.
Whether you are a small business or you have an established E-commerce business, good payment service is an essential factor for it. An online payment gateway is a secure and convenient way for a website or online business to accept payments from customers. When a customer makes a purchase on an e-commerce website, they enter their payment information, which is then processed by the payment gateway. The payment gateway verifies the information, checks to see if the customer has the funds available, and then transfers the funds from the customer’s account to the business’s account.
A payment gateway platform gives authority to the users to conduct an online transaction through various payment modes such as net banking, credit card, debit card, UPI, and other online payment apps. It is a third-party platform that provides the ability for the user to securely transfer their money to the merchant’s payment portal. In this era of the digital world, E-commerce is leading the market. As times are changing fast online businesses are also moving. So, it is important to know about the payment gateways in India.
In order to use an online payment gateway, you will need to sign up for an account and integrate the payment gateway into your website or online store. This typically involves adding a few lines of code to your website and may also require you to obtain a merchant account.
There are many different online payment gateways available, each with its own set of features and fees. In this article, we will talk about the top payment gateways in India that allow customers to make payments online. So, let’s take a look at them.
Popular wallet-based gateway, supports UPI, cards, EMI, and Buy Now Pay Later options
1.75% onwards
Razorpay
Mobile Applications
Google Play Store
Accepted Payment Methods
Domestic and International Credit & Debit cards, EMIs ( Credit/Debit Cards & Cardless), PayLater, Netbanking from 58 banks, UPI and 8 mobile wallets
Razorpay – best payment gateway in India
Razorpay is one of the best payment gateways in India for your business. It was started in 2014. Many entrepreneurs who use Razorpay for their business, have seen some increase in their conversion rate. Razorpay has helped businesses to solve the problem of digital payments. It is due to their smooth user experience. Also, the refund process is easy and automated. If your customer applies for a refund, Razorpay will automatically get the refund, if you set it to, without any extra widget or code. You can use Razorpay Subscriptions to execute the automated recurring transactions on various payment modes, through a platform that’s built for automation.
Razorpay Features
You can improve your business sales as Razorpay provides cashback and discounts to your customers
Payment modes include credit cards, debit cards, net banking, payments through UPI, and popular wallets.
Razorpay allows you to accept international payments from over 100 countries.
Manage your marketplace, automate bank transfers, collect recurring payments, share invoices, and avail working capital loans.
Instamojo
Mobile Applications
Google Play
Accepted Payment Methods
170+ payment methods including RTGS/Bank Transfer/NEFT/EMI
Instamojo – best payment gateway in India
Instamojo is one of the top-rated payment gateways in India. It allows businesses to create a business account instantly and the account can also be activated within a few minutes to collect online payments. This is a Bangalore-based company and the target of Instamojo is selling digital goods and collecting payments online. You can enroll yourself at Instamojo with a bank account and start your online selling business. You can also collect payments for physical goods and workshops or events.
Instamojo Features
To set up the payment gateway, no extra payment is needed.
Different types of payment methods are available.
Special care is being taken for the security of the server.
Businesses can create discount codes for their products.
Paytm has emerged as a leading payment gateway in India due to its online customer base with the very popular Paytm wallet. It supports domestic credit cards like Visa, MasterCard, Maestro, Amex, Discover, and Diners. With Paytm online transactions can be made anytime and from anywhere. It is the best payment gateway solution provider in India which has served some biggest eCommerce companies.
Some of the most popular companies which use Paytm are Jabong, OLA, Cleartrips, Redbus, GoIbibo, Zomato, etc.
How to Create Payment Links from the Paytm Business Dashboard
Paytm Features
The latest technologies are used for secure online transactions.
It has the feature of saved cards, where a customer doesn’t have to put their card details again and again.
Paytm is not only available as a desktop application but also supports smartphones and tablets.
CCAvenue – Payment Gateway for Small Business in india
CCAvenue is an authorized payment gatewayprovider by Indian Financial Institutions and is known as the most secure and best payment gateway to transact money for online shopping. Customers can make online transactions via Credit Cards, Debit Cards, Net Banking, Digital and Mobile Wallets, Mobile Payment, and Cash Card modes. It offers smooth, fast, and secure transactions to its customers. Currently, CCAvenue powers more than 85% of businesses in India.
CCAvenue Features
CCAvenue provides “Smart Analytics” by which you can see a real-time comprehensive statistical online report and a transparent history of all your transactions.
It has a ‘Mobile Checkout Page’ which supports all mobile operating systems.
CCAvenue also has CCAvenue In-built Advanced Shopping Cart’, CCAvenue S.N.I.P. ( Social Network In-stream Payments), it is one of India’s first genuine Social Commerce facilities.
Payflow
Mobile Applications
App Store and Google Play
Accepted Payment Methods
Accept all major debit and credit cards supported by their processor, including Visa, Mastercard®, American Express, Discover, JCB, and Diners Club. Payflow Gateway also supports L2/L3 purchase cards, prepaid cards, foreign currencies, TeleCheck, and ACH.
Payflow Logo
Payflow is offered by PayPal. It is known for being a secure and open gateway for payments. Payflow accepts all major credit and debit cards. It adds over 173 million customers regularly and supports more than 100 currencies. In India, it is used by Merchants for receiving international payments.
Payflow Features
It accepts and offers different payment methods.
The checkout process is customized with the help of APIs.
It supports fraud protection services and allows you to install it for an additional fee.
UPI, EMI, digital wallets, Debit/Credit cards, and 100+ other payment options
Cashfree – top payment gateway in India.
Cashfree is a low-cost and popular payment gateway in India. Cashfree helps businesses in India to accept payments online from various payment channels. The best thing about Cashfree is that it has direct integration with multiple banks which makes Cashfree a fast and reliable payment gateway. It is the only payment gateway in India that provides a wide range of payment options such as Visa, MasterCard, Maestro, Rupay, and Amex, including 70+ more net banking options. Cashfree also supports UPI, NEFT, IMPS, and PayPal. TDR is the transaction discount rate that every payment gateway charges from the merchants for processing the transactions to their bank account.
Cashfree Features
The setup cost is not needed.
Cashfree also supports online wallets like Paytm, PhonePe, and GooglePay.
Cashfree is the fastest settlement cycle of 24 hours to 48 hours and also offers popup, iframe and seamless checkout modes
BillDesk
Mobile Applications
Google Play Store
Accepted Payment Methods
120+ Credit cards, Debit cards, Banks, Net Banking, Wallets
BillDesk – online payment gateway provider
BillDesk is an Indian online payment gateway company based in Mumbai, India. BillDesk provides bill payment and settlement services to large billers like electricity, water, insurance, and other service providers. BillDesk also provides the ability to customers to decide how and when to make payments. BillDesk is a one-stop solution for customers through which customers can make all their payments at any time and from anywhere.
BillDesk Features
The integration is developer friendly and is quite easy and flexible..
BillDesk offers various payment methods.
Customers can also receive payment reminders or alerts.
Atom
Mobile Applications
Google Play Store
Accepted Payment Methods
Visa, Mastercard, Discover and American Express plus Amazon Pay, Apple Pay, Google Pay, PayPal, and Venmo
Atom Online Payment Gateway
Atom consists of various payment options which accept payment through all major debit cards and credit cards. Atom has completed over 15 million transactions and is used by thousands of merchants across the country. Atom is completely secured as it is backed with PCI DSS version 3.2 and 256-bit encryption which ensures a safe and secure transaction.
Atom Features
Atom provides multiple payment methods.
The integration is quite simple and easy.
Atom provides invoices after every payment.
HDFC
Mobile Applications
App Store and Google Play Store
Accepted Payment Methods
All major credit, debit cards and net banking in India, including Visa, MasterCard, Visa Electron, Diners, Rupay, Discover or Maestro
HDFC Best Online Payment Gateway
HDFC is one of the largest banks in India that offers a payment gateway service for merchants and businesses to accept online payments from their customers. Many organizations like VSNL, Sify, and IRCTC use HDFC. If you want to use HDFC on your website or mobile app, you need to use their EPI payment gateway services. The HDFC Payment Gateway allows merchants to securely accept a wide range of payment options, including credit and debit cards, net banking, and UPI payments. The advantages of the HDFC payment gateway are instant settlement, a 100% chargeback facility, the facility to accept payment in 15 international currencies, easy integration with existing applications, and support for various shopping cart applications.
HDFC Features
The HDFC Payment Gateway supports a wide range of payment options, including Visa, Mastercard, American Express, and Rupay credit and debit cards, as well as net banking and UPI payments.
The HDFC Payment Gateway uses 128-bit SSL encryption to secure your transactions and protect your financial information.
The HDFC Payment Gateway can be easily integrated with your website or mobile app, allowing you to customize the payment experience for your customers.
The HDFC Payment Gateway provides detailed transaction reports and reconciliation tools to help you manage and track your payments.
It accepts 15 types of international currencies.
It provides 24×7 customer service.
PayKun
Mobile Applications
Not Available
Accepted Payment Methods
UPI wallet payments, subscription payments, Debit/Credit cards, Master Card, diners club card, net banking, wallets, UPI/BHIM
PayKun online payment provider
PayKunis an easy solution for online payments for all types of businesses including small businesses, and medium to large. Any kind of merchant including a freelancer, a YouTuber, a blogger, from an eCommerce website or mobile app, an offline and online seller at the shop or showroom, or an individual, every type needs to have an easy hand on the modern technology for the collection of digital payments. It provides free plugins and SDKs readily available on the internet to integrate with all the major platforms of websites and mobile applications.
PayKun Features
Paykun has zero setup fees and zero maintenance fees.
It provides different types of payment methods.
The server is safe enough to use.
PayU
Mobile Applications
Google Play and App Store
Accepted Payment Methods
100 different payment methods are supported, including EMI, UPI, net banking, cards, wallets, Buy Now Pay Later, etc.
PayU best multi-currency payment gateway
PayU (formerly known as PayU Money) is one of the best multi-currency payment gatewaysto accept online payments. The PayU payment gateway is designed to be secure, reliable, and easy to use for both merchants and customers.
To use the PayU payment gateway, merchants need to sign up for an account and integrate the payment gateway into their online store or website. This can typically be done through the use of a software development kit (SDK) or by integrating with a payment processor or shopping cart platform. Once the integration is complete, merchants can start accepting payments from customers through the PayU payment gateway.
You can start accepting payments securely and seamlessly within your iOS, Android, or Windows app, within minutes, with its 100% online hassle-free onboarding process.
PayU Payment Gateway: What is a payment gateway and how does it work?
PayU Features
PayUMoney supports multi-currency transactions and international credit cards.
PayU provides over 100+ payment methods
The transaction history is available through PayU.
Mobikwik
Mobile Applications
Google Play and App Store
Accepted Payment Methods
Supports UPI, MobiKwik wallet, credit/debit cards, net banking, EMI, and Buy Now Pay Later options.
Mobikwik Best Online Payment Gateway
MobiKwik (earlier called Zaakpay) is one of the fastest-growing eCommerce payment gateways, helping businesses run smoothly. It focuses on giving users an easy experience by automatically detecting OTP (One Time Password) during payments.
Some well-known clients include Business World, BlueDart, Uber, and Zomato. Businesses can also integrate this gateway into their website or app with the help of eCommerce development companies.
Mobikwik Features:
Strong PCI DSS security to keep transaction data safe
Website analytics to track payment data
Supports credit/debit cards, wallets, international cards, UPI, and EMI options
Conclusion
The payment gateway has become the most important part of the world of increasing eCommerce businesses. If a business provides a good payment service, it automatically creates a good impression in front of its customers. With the increase of E-commerce businesses in the world, the need for proper payment gateways is also increasing.
FAQs
What is a Payment Gateway?
A payment gateway platform gives authority to the users to conduct an online transaction through various payment modes such as net banking, credit card, debit card, UPI, and other online payment apps.
Where payment gateways are used?
Payment Gateways are used mostly used by E-commerce businesses.
What are some top 5 Payment Gateways?
The top 5 payments gateways are:
Razorpay
Instamojo
BillDesk
Paytm
Payflow
Which is better, Paytm or PayPal?
The choice between Paytm and PayPal will depend on your specific needs and preferences. It may be helpful to consider factors such as geographical availability, payment methods, fees, and security when deciding which platform is right for you.
Who regulates payment gateways in India?
In India, payment gateways are regulated by the Reserve Bank of India (RBI), which is the central bank of the country.
Which is the cheapest payment gateway in India?
Cashfree Payment gateway is as of now, one of the cheapest payment gateways in India.
Is UPI available only in India?
UPI is not limited to India and has been adopted by some financial institutions and payment service providers in other countries as well such as Bhutan, Nepal, UAE, and the UK.
Which is better, Razorpay vs Billdesk?
Razorpay is better for startups and online businesses because it offers easy integration, many payment options, and instant settlements. BillDesk is more suited for large enterprises and utility bill payments due to its reliability and strong security.
Which is better, HDFC Payment Gateway vs Razorpay?
Razorpay is better for startups and developers due to its easy setup, modern features, and instant settlements, while HDFC Payment Gateway is ideal for established businesses needing a bank-backed, secure solution.
Which is the best payment gateway for startups in India?
The best payment gateway for startups in India is Razorpay because it offers easy integration, multiple payment options, fast settlements, and low setup hassle.
Which are the payment gateway for website in India?
Razorpay, PayU, and Cashfree are top payment gateways for websites in India, offering easy integration and fast payments.
Which is the best payment gateway for online business?
The best payment gateway for online business in India is Razorpay due to its seamless integration, wide payment options, and quick settlements.
It has recently been discovered that individuals are pumping millions into the Indian equity market. While there is a prevalent belief that equity market investing is riskier than other asset classes, the recent surge of the Indian equity market has enticed many to make share price investments. The stockholders’ eagerness to put their funds in various equities has been increasing at all of India’s main stock traders.
Now, if you want to buy stocks, the notable point is that you’ll need a broker to function as a liaison between you and the equity markets. The stockbroker’s function is crucial since he serves as your single interface for all stock-related issues. That’s why all traders use the assistance of the best brokers in India. Full-Service Stockbrokers and Discount Brokers are the two kinds of brokers in India.
Difference Between Full-Service Stockbrokers vs Discount Brokers
Full-service Brokers
Let’s start with full-service brokers, also known as conventional brokers. The majority of these brokers have been in business for years. Angel Broking, HDFC Securities, Motilal Oswal, and others are examples. These intermediaries are unique in that they are licensed to offer both offline and internet services.
That is, you visit their workplace and have your problem resolved. They provide excellent service. You’ll also get a trusted and experienced manager who is always available.
They also offer research reports, stock advice, fund management, and investment management services, among other things. They employ a large number of employees, including consultants and market analysts, to ensure that you have an enjoyable outlook and receive accurate research reports.
All of these services, however, are not free. Their brokerage is sure to be higher because their spending is more. In contrast to discount brokers, they cost a larger brokerage fee. However, they are attempting to vie with discount brokers. They cover a plethora of low-cost brokerage solutions for high-volume investors.
Discount Brokers
Discount brokers like Zerodha, Upstox, and others are popular among individual investors and traders. They are becoming incredibly common among today’s youngsters as smartphone usage rises and data rates fall.
As the title suggests, these brokers provide discounted or very minimal brokerages. They have set brokerage plans in place. How much more valuable will your deal be if you must pay a set brokerage fee? Their users are largely virtual and have little substantial form.
They don’t offer a whole variety of services, so they don’t have to pay for a license, infrastructure, or staff. These advantages are delivered to clients in the mode of reduced brokerage fees. The majority of these dealers don’t offer investment managerial services or research reports.
How Do You Benefit From These Brokers?
Let’s say you bought 100 shares of Asian paints, each valued at Rs.2000.
Total value = Rs.200000 (100*2000).
Full service brokerage = 0.4% * 200000 = Rs.800
Discount Brokerage = Flat RS.9 to Rs.20
Savings = Rs. (800-20) = Rs.780
Full-Service Broker Vs Discount Broker
Top 11 Best Discount Brokers in India
Zerodha
Name
Zerodha
Founded
2010
Founders
Nithin Kamath and Nikhil Kamath
Active Clients
65,98,363
Zerodha – Top Discount Brokers in India
With the most active clientele and a customer base of 18.85 per cent, Zerodha is at the pinnacle of success. It was the first Indian company to explore the idea of stock brokerage. It is a firm with offices in several Indian cities that was established in 2010.
Its trading platform is known as Kite. It has a web-based and smartphone-based UI. For stock delivery trading, it does not impose a brokerage fee. However, it costs 0.03 per cent or Rs.20 per placed order for stock intraday and stock futures, whichever is lesser. It charges a fixed fee of Rs.20 per placed order for stock options. It charges fees for creating an account, which most brokers do not.
Dealing in equity, futures options, and currencies costs Rs.200 account opening fee. If you want to add a commodities account to it, you’ll have to pay an additional Rs.100, and the starting fee would be Rs.300. Aside from that, there is an annual account upkeep fee of Rs.300 + GST. The Coin by Zerodha portal also offers services for investing in mutual funds and is best discount broker in India.
Like Zerodha, it was formerly named Angel Broking, and it is India’s largest brokerage firm in several ways. It is a classic stockbroker that has maintained its commissions low, similar to a discount broker. For its one-of-a-kind nature, it stands out.
Dinesh Thakkar launched the company in 1987. Its offices are based in Mumbai. It’s also a publicly traded firm, which implies its equity is traded on a stock market. It offers full-service brokerage solutions at a fraction of the cost of a discount broker. It costs only Rs.20 for each order and allows you to deal with any amount. It provides a multitude of services, including research and advising services.
It is one of the few discount brokers that offer study and advising services and is one of the top 10 discount brokers in India. It provides a variety of programs, including sub-brokerage, franchise, alliance, and others.
Angel One, as a full-service stockbroker at a discount brokerage firm, provides a ton of products that you won’t find with other discount firms. It provides clients with ARQ Robo advice, which is among the most unique services available today. It is known as the best stock broker in India.
Shrini Viswanath, Ravi Kumar, Kavitha Subramanian, and Raghu Kumar
Active Clients
22,37,974
Upstox – Top Stock Brokers in India
With a customer base of 10.9 per cent, the Mumbai-based discount brokers rank second among active clients. Ratan Tata and Tiger Global, a US venture capital, fund this brokerage ID, which was established in 2011.
Pro by Upstox is the trade system’s title, and it has both web-based and smartphone-based UI. Like Zerodha, it provides free stock delivery trade brokerage. However, it charges a fee of 0.05 per cent or Rs.20 per placed order for stock intraday and stock futures, whichever is lesser. It charges a fixed fee of Rs.20 per placed order for stock options and Upstox is considered as the top 3 discount brokers in India.
Account setup costs are not charged. However, there is a Rs.25+GST monthly account upkeep fee. It offers services to trade in Mutual funds and digitized gold.
5paisa
Name
5paisa
Founded
2016
Founders
Nirmal Jain
Active Clients
4.22 lakhs (March 2025)
5paisa – Top Discount Brokers in India
Founded by Nirmal Jain, 5paisa Capital is one of India’s leading discount brokers, with an active client base of around 4.22 lakhs as of March 2025. It offers a simple and cost-effective trading platform with a feature-rich interface. Traders can invest across equities, derivatives, commodities, and mutual funds, all from a single account.
5paisa offers a flat brokerage fee of INR 20 per order across all segments — equity delivery, intraday, futures, and options (including equity, commodity, and currency). Mutual fund investments are completely free of charge.
The broker provides multiple trading platforms, including the 5paisa mobile app, web-based terminal, and EXE desktop software, each packed with advanced trading tools like real-time data, stock scanners, technical analysis charts, and customised watchlists. Additional offerings include margin trading facilities, algo trading support through Xstream and XTS APIs, expert research reports, direct mutual fund investments, IPO access, real-time notifications, and 24/7 customer support. With competitive pricing and powerful technology, 5paisa ensures a smooth and seamless trading experience for investors.
Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal
Active Clients
70,92,413
Groww – Top Discount Brokers in India
Groww is a discount brokerage firm that started operating in 2016, mainly as a portal for investment in mutual funds. The firm began its brokerage operation in 2020. Groww is the title of its smartphone app. You can engage in the equity section using its web-based and smartphone-based interfaces.
As a participant in the discount brokerage firms sector, Groww is poised to introduce an F&O solution shortly and is one of the top 5 discount brokers in India. Under this offering, the pricing structure entails 0.05 per cent or Rs. 20 per placed order for stock intraday and equities future, whichever is less. Additionally, for F&O transactions, a flat commission of Rs. 20 per transaction is applied.
There are no fees for creating or maintaining an account. It also provides mutual funds and digitized gold investment services. It also gives you the chance to trade in US stocks.
Paytm Money is a financial services company based in India. It was launched in 2018 as a subsidiary of One97 Communications, Paytm’s parent company. Paytm Money aims to provide easy and accessible investment opportunities for millennials and first-time investors. The company offers a mobile app and web platform with features that include paperless account opening, easy funds transfer, zero commission stock investing, and mutual fund purchasing with systematic investment planning, risk profiling, and real-time portfolio tracking and falls under top 50 discount brokers in India. Paytm Money is backed by major investors such as Ant Group and SoftBank. The company aims to tap into the growing population of digitally savvy, young Indian investors who are looking for seamless tools to enter the markets.
Pravin Jadhav, Alok Kumar Pandey, and Jay Prakash Gupta
Active Clients
3,10,070
Dhan – Top Discount Brokers in India
Dhan is a discount brokerage company that has been gaining popularity in India since 2016. It is known for its innovative features, competitive pricing, and focus on educating its users. Unlike many other brokerages, Dhan does not charge any fees for account maintenance or stock delivery trades, making it an attractive option for long-term investors. For active traders, Dhan charges a flat ₹20 per trade or 0.03% of the trade value, whichever is lower, for intraday fees. The platform is modern, user-friendly, and comes equipped with advanced charting tools, educational resources, fractional share investing, and access to US stocks. Whether you are a seasoned investor or just starting out, Dhan’s combination of affordability, features, and educational focus makes it a compelling choice.
Alice Blue
Name
Alice Blue
Founded
2006
Founders
Sidhavelayutham Mohan
Active Clients
1,55,619
Alice Blue – Top Discount Brokers in India
Alice Blue is a discount broker that was established in December 2006 in Erode, Tamil Nadu. Initially, the company had only five employees and an MCX membership. In 2007, it became a discount broker and moved its headquarters to Chennai. In 2017, Alice Blue relocated to Bangalore, where it currently operates. Over the years, the company has grown significantly and now has around 400 employees. It has also formed partnerships with 12,000 associates and serves approximately 500,000 clients in 20 major Indian cities. Alice Blue holds membership in various exchanges, including MCX, NSE, NCDEX, MCX-SX, BSE, and CDSL. Alice Blue’s Freedom 15 Brokerage Plan is designed to establish a competitive pricing structure in the Indian Stock Broking Industry and is one of the top 10 stock brokers in India. The plan charges only ₹15 for Intraday and F&O Trading while offering free Equity, IPO, and Mutual Funds Investments. Additionally, the company does not impose clearing member charges, which makes it more customer-friendly.
Fyers
Name
Fyers
Founded
2015
Founders
Shreyas Khoday, Tejas Khoday, and Yashas Khoday
Active Clients
2,04,904
Fyers – Top Discount Brokers in India
Fyers is a discount brokerage firm that came into existence in 2015. It is known for its state-of-the-art tech platform and focuses on empowering active traders. Fyers has created a niche for itself with its advanced features, such as free equity delivery trades, a flat brokerage fee of ₹20 or 0.03% across other segments (capped at ₹20), and tools like algo trading, market depth scanners, and option strategy builders. Although their platform caters more towards experienced investors looking for a powerful toolkit, Fyers’ focus on innovation and low costs makes them an attractive option for active traders who want to maximize their returns. They also provide special low fees and streamlined account opening for NRIs. However, it’s important to note that they may not be the most beginner-friendly option due to their focus on advanced features.
Kotak Securities
Name
Kotak Securities
Founded
1994
Founders
Jaideep Hansraj
Active Clients
10,86,716
Kotak Securities – Top Discount Brokers in India
Kotak Securities, a member of the Kotak group, was a full-service broker before introducing its Trade FREE Plan in November 2020, which offers a unique approach to India’s discount brokerage model. This plan, also known as the Free Intraday Trading (FIT) plan, allows zero brokerage for intraday trades across various segments.
For all other future and options (F&O) trades, including equity, commodity, and currency, Kotak Securities sets the brokerage at Rs. 20 per order under the TRADE FREE PLAN. The plan’s key features include no brokerage charges on intraday trades, a nominal charge of Rs. 20 per order for other F&O trades, and a currently waived Rs. 499 opening charge for the Demat account. Kotak Securities provides a wide array of investment options and research reports to its clients while offering full broker services at a discounted rate. The fee structure includes zero account opening charges and an annual maintenance charge of Rs. 50 per month, and 0.25% of the transaction as delivery brokerage charges.
IIFL Securities is a prominent player in the Indian stock market, known for combining full-service expertise with the benefits of discount broking. Under its discount broking plan, it charges a flat fee of ₹20 per trade, making it a cost-effective choice for active traders. The platform offers advanced research tools, in-depth reports, and robust customer support to help investors make informed decisions and is one of the biggest stock broker in India.
With seamless trading access across mobile and desktop platforms, IIFL Securities caters to both beginners and seasoned investors. It also provides portfolio management solutions and a wide range of investment products, making it a comprehensive solution for trading and wealth creation.
Now that you’ve learned about certain greatest discount broker firms, you’ll need to learn how to choose a reputable discount broker. Here are some things to consider while selecting a discount broker:
Brokers Fee
Verify that the broker’s fee is as low as possible if you transact frequently. It’s critical to evaluate intermediaries and pick the one with the finest and least expensive price.
Trading Interface
Pick a trading interface that makes things easy for you, such as order placement, analysis tools, etc., so that you can get the most out of it. It’s also important to look at the service provided by the discount broker, as this aids in making it a streamlined experience for the investors.
Margin Trading
Margin trading is an important factor to consider when choosing a discount broker because it distinguishes between two brokers.
These are the most important factors to consider when selecting a discount brokerage firm. Also, keep an eye out for additional fees, broker reviews, distribution structure, electronic trading terminals, and discount broking company’s financial strength when deciding on a broker.
Advantages of Online Brokers
In comparison to conventional full-service brokers, they offer the lowest brokerage fees. This enables investors to earn from a deal with a low transition point.
They provide an electronic trading interface that allows investors to buy and sell easily and swiftly.
One of their finest features is that they provide the same services to large and small investors alike.
They are fairly trustworthy as all of their transactions are visible since everyone has access to the margins estimator.
Several offer their users instructional video training to assist them in trading with them for a while.
Disadvantages of Online Brokers
• They don’t offer free consultation, while full-service brokers do.
• They allow you to open both a trading and a Demat account.
• They usually function remotely, so if you require branch assistance for documentation, you’ll have to find another solution.
• They don’t provide investment management services. A full-service broker is an ideal alternative for you if you want a portfolio manager.
You must use a discount broker if you are tech proficient, can perform your transactions by yourself, your trades are small, and don’t need further analysis or add-on services or trading support. There are numerous discount brokers in India; however, you must select the appropriate stock broker according to your needs.
FAQs
Which is the No. 1 stockbroker in India?
Groww is considered one of the best stock brokers in India. It has a client base of 70,92,413 active clients.
What is a discount broker?
A discount brokerage firm charges lower fees than traditional full-service brokers, typically offering self-directed investing with limited guidance. They focus on trade execution at low costs, leaving investment decisions to the client.
How to be a broker in India?
Meet eligibility: Indian citizen, 21+, 10+2 education, 2+ years experience in financial services.
Pass exams & register for NSE/BSE certification, SEBI RIA exam/IRDAI license (depending on broker type).
Which is the best discount broker in India?
Zerodha, 5paisa, Groww, Angel One, and Upstox are some of the best discount brokerages in India.
Are discount brokers safe in India?
Yes, your money is safe with discount brokers, but they will not advise about the risks of the investment like a full-service brokerage.
In order to resolve a case with SEBI about alleged violations of the standards for the technical fault framework, Paytm Money, the wealthtech subsidiary of Paytm, has paid a fine of INR 45.50 lakh. The market’s watchdog stated in a settlement decision that it had sent Paytm Money a show-cause notice for breaking multiple SEBI Act, 1992 provisions:
•Failure to establish the permissible threshold of 70% for the generation of timely notifications for all critical assets.
•Absence of documentation pertaining to the inspection period’s peak load.
•Failing to integrate the Logs Analytics and Monitoring Application with all of its vital systems.
•For the first half of fiscal year 2023–2024 (H1 FY24), there will be no live DR drills.
“With a settlement order and a September 17, 2024, settlement application filed with SEBI, the noticee (Paytm Money) proposed to settle the current proceedings brought against it, pending adjudication proceedings, without acknowledging or disputing the findings of facts and conclusions of law,” the order stated.
Regulatory Bodies Putting Strict Scanner on Paytm
Earlier, Paytm and its directors and officials, both present and past, settled a complaint with SEBI by paying a total of INR 3.32 Cr. It is important to remember that for the past two years, regulatory agencies have been closely examining Paytm. In 2015, the Reserve Bank of India (RBI) granted in-principle approval to 11 applicants to establish a payments bank, including Paytm.
Due to alleged violations of know your customer (KYC) standards, the central bank prohibited Paytm Payments Bank from onboarding new clients and taking deposits using its services, including FASTag and wallet, in 2024. The payments bank is essentially unable to conduct business as a result of the RBI’s crackdown.
The Financial Intelligence Unit-India (FIU-IND) fined Paytm Payments Bank INR 5.49 Cr in March 2024 for breaking the nation’s money laundering regulations. The stock of Paytm Payments Bank plummeted as a result of the RBI’s crackdown. Additionally, Paytm’s market share in the UPI industry has decreased as a result of this.
Response from Paytm
Rajeev Krishnamuralilal, a former IRS and SEBI long-time member, has joined Paytm Money’s board as a non-executive independent director, the company announced in a statement. It is important to remember that One 97 Communications, the parent company of Paytm, already has Krishnamuralilal on its board. Apart from his position as a non-executive independent director, Krishnamuralilal will also be the chairwoman of Paytm Money’s risk management and corporate social responsibility committees and a member of the audit committee.
Rajeev Agarwal Officially Joins Paytm
Rajeev Krishnamuralilal Agarwal was appointed as an extra non-executive independent director at One97 Communications’ wholly-owned subsidiary, Paytm Money, on 13 February 2024.
Agarwal will also assume important responsibilities, such as chairing the Paytm Money Risk Management and Corporate Social Responsibility (CSR) Committees and being a member of the Audit Committee. Having worked for the Indian Revenue Services (IRS) for 28 years, Agarwal brings more than 40 years of expertise to the position. He has worked for the Securities and Exchange Board of India (SEBI) as a full-time member.
Paytm is India’s one of the biggest fintech startups founded in August 2010 by Vijay Shekhar Sharma. The startup offers versatile instalments, e-wallet, and business stages. Even though it began as an energizing stage in 2010, Paytm has changed its plan of action to become a commercial centre and a virtual bank model. It is likewise one of the pioneers of the cashback plan of action.
Paytm has changed itself into an Indian mammoth managing versatile instalments, banking administrations, commercial centre, Paytm gold, energize and charge installments, Paytm wallet and many other provisions which serve around 100 million enlisted clients.
The areas served by Paytm are India, Canada, and Japan, it is also accessible in 11 Indian dialects. It offers online use-cases as versatile energizes, service charge installments, travel, motion pictures, and occasions appointments. In-store instalments at markets, leafy foods shops, cafés, stopping, tolls, drug stores and instructive establishments can be accessed through the Paytm QR code.
One 97 Communications, the parent company of Paytm, is all set to raise its capital target of over ₹16,600 crores ($2.2 billion) through an IPO that it had filed earlier in July 2021. Paytm is seeking to raise $25 billion to $30 billion valuation post this IPO.
According to the organization, more than 7 million traders crosswise over India utilize its QR code to acknowledge instalments straightforwardly into their bank account. The organization uses commercials and pays a special substance to produce income. Let’s look at this detailed case study on Paytm to know more about its growth and future plans.
1st November 2021 – The much-awaited Paytm IPO was launched with a price band of ₹ ₹2,080-2,150 per share.
13th October 2021 – Paytm users can now store Aadhaar, driving license, vehicle RC, insurance via Digilocker. Digilocker Mini App on Paytm offers access to these documents to users even when they’re offline or in a low connectivity zone.
8th October 2021 – Paytm is looking forward to bringing in sovereign wealth funds as anchor investors in the company’s pre-IPO placement.
5th October 2021 – Switzerland-based insurance giant, Swiss RE might join Paytm’s insurance business’ board.
3rd October 2021 – Paytm has acquired 100% stakes in CreditMate, a Mumbai-based digital lending startup.
Origin of Paytm
The saga and the emergence of Paytm are discussed in this section of the case study of Paytm. It was established in August 2010 with underlying speculation of $2 million by its originator Vijay Shekhar Sharma in Noida, an area nearby India’s capital New Delhi.
2013
It began as a prepaid portable and DTH energize stage, and later included information card, postpaid versatile and landline charge installments in 2013. By January 2014, the organization propelled the Paytm pocketbook, and the Indian Railways and Uber included it as an installment option.
The official launch of Paytm Payments Bank Operations in India
It propelled into web-based business with online arrangements and transport ticketing.
2015
In 2015, it disclosed more use-cases like instruction expenses, metro energizes power, gas, and water charge installments. Paytm likewise began driving the installment passage for the Indian Railways.
2016
In 2016, Paytm propelled motion pictures, occasions, and entertainment meccas ticketing just as flight ticket appointments and Paytm QR. Later that year, it propelled rail bookings and gift vouchers. Paytm’s enrolled client base developed from 11.8 million in August 2014 to 104 million in August 2015. Its movement business crossed $500 million in annualized GMV run rate, booking two million tickets for each month.
2017
In 2017, Paytm became India’s first installment application to traverse 100 million application downloads. That year, it propelled Paytm Gold, an item that enables clients to purchase as meagre as ₹1 of unadulterated gold on the web. It additionally propelled the Paytm Payments Bank and ‘Inbox’, and informing stage with in-talk installments among other products.
2018
By 2018, it began enabling dealers to acknowledge Paytm UPI and card installments straightforwardly into their financial balances at 0% charge. It likewise propelled the ‘Paytm for Business’ application, enabling traders to follow their installments and everyday settlements instantly. This drove Paytm’s shopper base to more than 7 million by March 2018.
The organization propelled two new riches—Paytm Gold Savings Plan and Gold Gifting—to rearrange long haul savings. It propelled into diversion and speculations, and stripe alongside AGTech to dispatch the stage of a transportable game Gamepind, and putting in Paytm cash with a venture of ₹9 large integers to bring venture and riches as board items for Indians. In May 2019, Paytm joined forces with Citibank to dispatch credit cards.
Paytm or “Payment Through Mobile” is India’s biggest installment, trade, and e-wallet undertaking. It began in 2010 and is a brand of the parent organization One97 Communications, established by Vijay Shekhar Sharma. It was propelled as an online portable energize site and proceeded to change its plan of action to a virtual and commercial centre bank model.
The organization stands today as one of India’s biggest online portable administrations that incorporates banking administrations, commercial centres, versatile installments, charge installments, and energize. It has so far given administrations to more than 100 million clients.
Paytm’s enhancement has built a solid reputation and has turned out to be praiseworthy for some in the online installment industry. One of its increasingly vital accomplishments is in its joint effort with the Chinese web-based business Goliath, Alibaba for immense measures of subsidizing.
Aside from being a pioneer of the cashback plan of action, the organization has been commended for its introduction as a new business able to build huge partnerships in a limited time period.
Clients of Paytm Business
Paytm’s core focus is on serving its Indian client base, especially the cell phone clients. Numerous Indian clients saw the computerized world as an opportunity to open a financial balance. Accessing simple online installments missed the mark, and clients wound up with only poor experience. Paytm presented itself as a superior option to deal with such situations.
Paytm Offers
A portion of Paytm’s increasingly conspicuous suggestions was reviving the business which was the organization’s underlying administration recommendation.
At that point, it proceeded to differentiate and progressed to creating more current administrations from any semblance of Paytm Wallet, E-business vertical to Digital Gold.
These improvements were appreciated in the form of the Chinese mammoth Alibaba’s favours. Immense totals of cash were pumped into Paytm by Alibaba, expanding Paytm’s speculation potential. Paytm used cricket and TV promotion to capture more clients.
Relationship with Clients
Paytm Customers
Paytm has a 24*7 client care focus to interface with its clients. Simultaneously, the vast majority of Paytm administrations are self-served in nature and are open through their foundation straightforward.
Paytm’s Channel for Business
Paytm utilizes numerous channels to draw in clients. Aside from its very own site which drives clicks, Paytm has shaped associations with numerous customers and seller destinations that support its endeavour. Demonetization in India enabled the organization to succeed altogether and arrive at new clients too. Disconnected advertising is likewise a piece of their client procurement process.
Distinct Advantages
The RBI (Reserve Bank of India) permit fills in as Paytm’s fundamental asset. It should be explicit to Paytm. Different assets like the plan/programming society make it simpler for lower-pay Indians to use Paytm.
Key Roles
Paytm, being an innovation stage, dangers perils, for example, security and misrepresentation which is the reason it needs to take viable measures in ensuring its buyer’s cash by improving its security. It is likewise rolling out new improvements inside its foundation to draw in new clients and access their computerized wallets.
Partners of Paytm
Paytm accomplices with the banks that give it installment excursions into the financial framework just as escrow administrations. It works together with a heap of associations that accumulate bills and installments from its customers for its administration.
Structure of Costing
Paytm serves numerous clients which is the motivation behind why it is so cost-driven. The vast majority of its costs are identified with its foundation and client obtaining. It’s a typical cost-shared by numerous organizations over the reality where client securing cost is significant.
The cash utilized in this procedure is higher than the income it makes in its underlying buys. Most of its financial limit is to put resources into sloping up of its security and stay away from the danger of misrepresentation, particularly when it needs to deal with more than 65 million clients in its foundation. It incorporates a framework that empowers clients to avoid any tax evasion hazard.
Revenue Model of Paytm
The Paytm revenue models come in two structures. Paytm makes commissions from the client exchanges through their utilization of its foundation. Escrow Accounts are the accounts from where it creates their income. Inferable from the non-appearance of its hidden capital, it offers clients no intrigue. Starting in 2018 Paytm has aggregated 3314.8 crore INR in income.
Paytm Wallet
Paytm Wallet
Paytm wallet is one of Paytm’s best benefits that structures a connection between the bank and the retailers. This semi-shut wallet empowers you to take care of your tabs, pay for your tickets, or pay anyone concerned.
Paytm wallet separated from its profit, as approved by the RBI, has the advantage of accepting enthusiasm for a purchaser store, much the same as some other Payment Gateways.
When you store a specific measure of cash in your Paytm wallet, it will at that point set aside that cash in another bank from which it will win enthusiasm eventually.
It is the Paytm wallet’s fundamental capacity. For instance, suppose you make an installment of Rs. 1000 to a merchant and the vendor makes 10 exchanges to increase Rs. 10,000. If the installment of that sum is made through the Paytm wallet, the Paytm wallet will take a portion of about 1% of the aggregate sum. So the merchant will get around Rs. 9715.
Mobile Recharge Business
Paytm Mobile Recharge
Since its origin in 2010, Paytm’s underlying intention was to give online portable energizing administrations. Its capacity to create income was constantly shortsighted. Paytm’s administration guidelines are as praiseworthy and proficient as those of other telecom specialist co-ops running from Vodafone to Telecom.
The administrations are without shortcomings and give solace to their clients. As of now, Paytm increases a commission of 2-3% per energize. It is because Paytm, attributable to its support to its client to keep reviving through its foundation, has more grounded power in dealing than different merchants. That is the reason the commission it obtains is so high. This commission from its revive administration fills in as its income.
These administrations have supported the organization essentially in extending its base and thus, developing exponentially. When the client is fulfilled by the administration or item, he makes an arrival to a similar undertaking in this manner. This way Paytm does client maintenance and produces more traffic. Paytm has used this methodology to further its potential benefit and keeps on reaping positive results.
Paytm Digital GoldPaytm Digital Gold
Paytm Gold
Inferable from its organization with MMTC-PAMP, the outstanding gold purifier, Paytm has propelled “Computerized Gold”. This model enables clients to sell, purchase, or store gold in an advanced stage. Presently, clients need to pay at a rate just to get their gold conveyed to their families.
Paytm is very much aware of how much gold is put as a resource in India and is completely arranged to develop from this chance. The organization has made eminent arrangements to urge its clients to get their own Gold Bank Accounts individually. This record separated from empowering clients to purchase their gold will likewise furnish clients with simple access to other Paytm administrations.
Paytm Mall
Paytm Mall Website
In February 2017, Paytm propelled its Paytm Mall application which enables purchasers to shop from 1.4 lakh enrolled sellers. Paytm Mall is a B2C model enlivened by the model of China’s biggest B2C retail stage, TMall. For 1.4 lakh merchants enlisted, items need to go through Paytm-guaranteed stockrooms and channels to guarantee buyer trust.
Paytm Mall has set up 17 satisfaction focuses crosswise over India and joined forces with 40+ messengers. Paytm Mall raised $200 million from Alibaba Cluster and SAIF Partners in March 2018. In May 2018, it posted losses of roughly Rs 1,800 crore with an income of Rs 774 crore for money related to the year 2018. Moreover, the piece of the pie in Paytm Mall dropped to 3% in 2018 from 5.6% in 2017.
Advanced installments organization Paytm has professed to arrive at gross exchange esteem (GTV) of over $50 billion, while checking 5.5 billion exchanges in FY19. The Delhi NCR-based organization credited this development to the rising appropriation of Paytm over numerous utilization cases, for example, retail installments, expenses, utility installments, travel booking, excitement, games among others. It has as of late propelled membership-based prizes program (Paytm First) to aid development alongside expanding the client maintenance.
Discussing the feasible arrangements, senior VP of Paytm, Deepak Abbot stated, “We are centred around creating tech-driven arrangements, incorporated client lifecycle the board, upgrading the client experience and growing to Tier 4-5 urban communities. We are certain to accomplish 12 Bn exchanges before the part of the bargain year.” Before a month ago, the Ministry Of Electronics and Information Technology (MeitY) had solicited Paytm to help its objective of encouraging 40 Bn advanced exchanges in FY20.
The organization shared designs to incorporate man-made brainpower in its model and achieve 2x development this year. Paytm professed to possess half piece of the installment entryway industry in India, with 400 Mn month to month exchanges on the stage.
Established by Vijay Shekhar Sharma in 2010, Paytm furnishes various new companies and huge organizations with arrangements running from a shareable PaytmQR code to profound coordination.
It empowers clients to process computerized installments through any favoured installment mode including credit and check cards, net banking, Paytm wallet, and UPI (bound together installment interface). Paytm had likewise propelled its very own installments bank in 2017.
Paytm Payments Bank is versatile first keep money with zero charges on every online exchange, (for example, IMPS, NEFT, RTGS) and no base equalization prerequisite. For investment accounts, the bank right now offers a loan cost of 4% per annum.
Expected Future Growth of Paytm
Computerized installments organization Paytm said it is looking to dramatically increase its exchange volume to 12 billion by part of the arrangement, from 5.5 billion out of 2018-19.
Paytm checked 2.5 billion exchanges in 2017-18. Paytm said it accomplished gross exchange esteem (GTV) of $50 billion out of 2018-19, as contrasted and $25 billion every year prior. GTV is the estimation of all-out exchanges done on the stage.
“This expansion is a consequence of the fast development in the reception of Paytm’s computerized installments arrangements crosswise over on the web and disconnected for different use cases including retail installments, charges, utility installments, travel booking, amusement, games and that’s only the tip of the iceberg,”
The organization said in an announcement. Its membership-based program Paytm First was propelled in March has pulled into equal parts a million supporters, the organization added.
Paytm has 350 million enrolled clients starting on 5 June, an organization authority said. Paytm offers a variety of installment alternatives that incorporate installment through portable wallets, just like ongoing installment framework Unified Payments Interface (UPI) and web banking.
The organization has been centred around structure instruments for dealers to streamline their everyday business needs. This has brought about enormous dealers obtaining who are very much furnished with innovation to acknowledge all installment modes (cards, wallet, and UPI). Paytm now intends to concentrate on embracing computerized reasoning and improving the UI.
Why was Paytm Removed from Google Play Store?
Paytm India app was removed from Google Play Store because it violated Google guidelines. While other apps like Paytm for Business, Paytm mall, Paytm Money, and a few more were still available. But after a few hours of being taken down, the Paytm app was back on Google Play Store.
#Paytm out of Google Play Store. Google: We don’t allow online casinos/support any unregulated gambling apps that facilitate sports betting. It includes if app leads consumers to an external website that allows them to participate in paid tournaments to win real money/cash prizes pic.twitter.com/poeZzXw5nA
“We have these policies to protect users from potential harm. When an app violates these policies, we notify the developer of the violation and remove the app from Google Play until the developer brings the app into compliance. And in the case where there are repeated policy violations, we may take more serious action which may include terminating Google Play Developer accounts. Our policies are applied and enforced on all developers consistently,” Google Added.
Paytm’s IPL 2021 Ad taking jibe over the slow payment of Google Pay.
FAQ
Is Paytm a fintech company?
Yes, Paytm is India’s leading and one of the most valued fintech startups founded by Vijay Shekar Sharma in 2010.
What are the areas served by Paytm?
Paytm is a leading fintech startup that not only operates in India but it also serves Canada and Japan.
When was Paytm established?
Paytm was founded in 2010 by Vijay Shekar Sharma.
What is Paytm and how does it work?
Paytm is a leading financial service and bill payments app that offers financial solutions to its customers, offline merchants and online platforms. All you need to do is open the Paytm app on your phone, click on ‘Pay’, and select ‘QR code’. Scan the QR code of the receiver and enter the amount to be paid. The money will be transferred in a few seconds.
How much does Vijay Shekhar Sharma own in Paytm?
Vijay Shekhar Sharma currently owns 14.61% of the company.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Cube Wealth.
It’s rightly said wealth preservation is as important as wealth creation. It takes great understanding and deep insights to strategically manage the wealth that you’ve created. And it’s not necessary that an individual can do it all on their own. Hence to extend professional wealth management services, Cube Wealth was founded by Satyen Kothari, who had previously founded Citrus Pay, which was acquired by PayU for $130 million in 2016.
The startup was envisioned by the founder with a simple vision i.e.,’ Simplifying Wealth Creation for Busy Professionals.’ Cube Wealth provides comprehensive portfolio management solutions to help busy professionals achieve their goals through investments. The app helps individuals to invest in multiple asset classes including equities, mutual funds, P2P lending, gold, and even charitable investing to build a well-rounded portfolio.
Cube Wealth is a subscription-based automated wealth technology application that works on the concept of disciplined long-term wealth creation. So the basic idea is to simplify access to quality investments for professionals. The biggest convenience that Cube Wealth brings for its members is having their entire portfolio managed under one mobile application & being managed by money managers with decades of experience. Cube Wealth gives each consumer access to services that were only available to High Net worth Individuals to date. Users pay no charges for India investments, and can start with as little as Rs 5,000 in SIPs.
A non-refundable 1% transaction fee from retail investors and 2% from institutional investors is charged on the loan amount disbursed. This is deducted from the first EMI. There are no additional fees to invest in P2P lending through Cube.
Cube Wealth’s interests are aligned with their customers. The company follows a disciplined approach to advising clients based on their needs & investment timeframe. The Cube Wealth application has a search function that any user can try based on their ability to take risks and timeframe to see the best options for them. All the options are shown in a normalized fashion with the same elements of risk, timeframe, return rate, liquidity, etc. All the mentioned parameters make it simple for users to compare and pick a product that is ideal for them.
Cube Wealth provides access to all of the curated asset options and dedicated Wealth Coach to each of the members. Non-members can download the app for free and get one free wealth consultation. This application gets industry-standard commissions from the asset managers.
It’s our promise to our customers that we will not sell you anything based on the commission we get – rather, it will be based on what is right for you. says the founder of Cube Wealth.
At Cube Wealth, they advise all their customers that before investing in anything they should set up an emergency fund in cash and cash equivalents. As anyone with expertise in the industry would say that the commission earned is so small that even the costs for processing the transaction are not covered in most cases. But Cube Wealth recommends this as step one because it is the right thing to do in your investing journey.
At Cube Wealth, the investors get four magic ingredients:
A dedicated Wealth Coach: The investor gets a dedicated Wealth Coach who will provide personalized guidance on how to think about finances based on the life stage, risk tolerance, and existing investments.
Top Tier Investment Managers: This app gives access to top money managers in India who have over 10+years of experience in creating wealth for Ultra-rich and have managed over $2 billion. Cube Wealth has hand-selected these managers based on their track record and quality.
One Simple App: One app to simplify, track and automate all the investments. One can invest & manage wealth creation in a few simple steps.
Holistic portfolio management: The Wealth Coach assigned to the individuals will do a detailed portfolio analysis to create the best portfolio to be invested in.
In this era of data explosion, there are a lot of applications helping an investor to invest in certain specific investments & which impact the overall portfolio for the investor. Cube Wealth’s USP is simplifying the wealth creation process to make it available for everyone, and to handle the entire lifecycle of the investments from short term savings for a wedding or an MBA next year to long term savings for retirement or buying a house.
Cube Wealth – Founders and Team
Satyen Kothari is one of the most successful names in the Indian fintech industry. With notable achievements on his name, Satyen is the Founder and CEO of Cube Wealth. But Cube Wealth is the second brainchild of this brilliant entrepreneur, the first being Citrus Payments. Citrus Payment’s overall strategy, user experience, product placement schemes, and strategic alliances drove the company to a valuation of $100 million in 4 years. All in all, he’s a genius serial entrepreneur.
Satyen Kothari, founder Cube Wealth
In a short span of 18 years, Satyen Kothari has successfully started companies in multiple segments and industries including areas of marketing automation, social e-commerce, and strategy/design consulting in Silicon Valley and India. Also, the man has a very enriched experience of working with start-ups and relatively larger companies like Intuit, First Data, Cisco, AOL, Yahoo, frog design & App.
This brilliant entrepreneur is also an angel investor. Satyen has invested in 14 companies, all in the versatile spaces of marketplaces, payments, solar, education, and payments. This serial entrepreneur has a Masters from Stanford University in technology, entrepreneurship, HCI, Computer Science and a BE in Computer Science and Engineering from Bombay University.
The Cube Wealth team discusses the ideas and talk about what is going on in their lives, in the world, in fintech, and at Cube. This team has no ranks, only roles. The daily lunch routine helps them establish this sense of equality. It’s this equality that makes the conversation free-flowing and rich. And yes, even the quieter engineers contribute! The Cube Wealth team knows one another well, has strong bonds and likes each other too. They generate ideas very organically as a team.
Our single biggest decision on our business was made at lunch thanks to a debate on who we thought we were, who our customers thought we were and who we wanted to be – Satyen quotes
It was 2016 and Satyen had just sold Citrus Pay, the last company that he had founded, for $130 million. Suddenly he was surrounded by all types of wealth and asset managers. He then realized that the wealthy have access to amazing financial advice and some fabulous asset managers.
In recent years, there has been a steep rise in the number of people looking to invest in assets such as mutual funds, equities & other instruments. With this surge in the numbers, also came in a lot of companies providing misleading investment advisory services & instruments which resulted in people losing their money due to the incompetence of the advisors. Also, the investors were given wrong advice. All this was because the best of advisors were only limited to a particular set of HNWIs and UHNWIs.
After speaking to hundreds of senior professionals & entrepreneurs, he realized that a) People are mis-sold investment products b) They don’t have access to quality money managers & assets c) They don’t have time to research & build their portfolio
“How do I make the same quality of advice and access to the same top-performing asset managers possible for everyone?” was the thought that germinated the Cube Wealth seed in Satyen’s mind.
Satyen felt a strong sense of injustice because he always needed this quality of advisory but only the very rich could access them. And he wanted to change that. He had also discussed it with investors from Singapore, US & Japan about the product & need for high-quality products & services to the large & aspirational middle class in India.
Cube Wealth – Name, Tagline and Logo
The name ‘Cube’ was picked because it is a simple yet multi-dimensional and visualizable physical object. In wealth management, a lot of dimensions determine the result of returns. And yet at any time, only one side of that complex equation matters to the user – the money that an investor may be saving to buy a house, or to park extra money for the long term. Cube focuses on that singular aspect that matters to each customer while handling all the other dimensions of the problem space elegantly.
Cube Wealth logo
Cube Wealth – User Acquisition
From the beginning of the Cube Wealth application, the team has focused on maintaining the 3i approach internally: Integrity, Intensity & Intelligence, which is always about being transparent & providing the highest value to the customers.
Every customer of Cube Wealth gets only the best of investment managers from around India. The team does a thorough due diligence of each investment manager who is impaneled on Cube Wealth. They look at their investment thesis, past performances, leadership teams, assets under their management, investor support processes and many more such attributes. Last but not least, the team researches and tests every investment with their own money and handpick the top-performing advisors.
Cube Wealth was Initially only available to members on an invite-only basis. This helped them to create a strong referral base & spread the Cube Investment Philosophy. The team had majorly used channels such as Linkedin, Twitter, and PR. The whole process was catered towards providing the complete portfolio experience to users.
The most important factor which helped Cube Wealth distinguish themselves in the market was the exemplary customer service experience which helped them retain & acquire new users. They have a two-staged model in place for customer service:
For every customer, the idea is to help them build an ideal portfolio for wealth creation with both short term & long term assets. Cube wealth does a complete portfolio analysis for the customers & understand their detailed requirements before providing any allocation advice. After this, it comes to step one. They ensure that all the investor’s money is parked only in high-quality assets that are mapped to their goals. Lastly, they also have a function to automate regular investments via the Cube Wealth’s Super SIP feature. All these steps are critical – analysis, quality recommendations, and disciplined regular investing – to place the customer on track towards a healthy and wealthy financial future.
After acquiring the first hundred customers, Cube Wealth doubled its efforts towards referrals, press releases & spreading awareness on social media. The fundamental strategy is to provide maximum value to the customers who use the Cube Wealth application.
Cube Wealth – Business Model and Revenue Model
Currently, Cube Wealth has not worked out a fully functional revenue model. the reason being that all the users can avail the services for zilch cost. Also, the personal fund manager advice service is issued to the users without any additional charges. The company is currently earning commissions from funds when an investor commits to a long-term plan of around ten years.
“Since we have just started, we are focusing on creating the habit among users to invest, and we teach them how and where to put their hard-earned money to build a rounded portfolio,” Satyen said.
Cube Wealth – Startup Challenges
The biggest challenge in the current wealth management sector is the Human-centric processes, time is taken in KYC, and due diligence is a few of the factors which do not allow fund houses to focus on small retail investors. Also, with multiple advisors & multiple investment products, people tend to often overlook the value of the investment portfolio as a whole.
For solving these problems, Cube Wealth has The Triangle Strategy.
The Triangle Strategy Followed by Cube Wealth
The base of the triangle is the Cube Wealth app, which is an automated investment platform. It helps investors get easy access and analysis to all the asset classes in their existing portfolio, in one place.
In the digital era, when it comes to investment, the human element is important.
And Cube Wealth have catered it through phone service teams, WhatsApp groups, as well as teams sitting in five different cities as of now.
Adding top-tier SEBI-registered advisors and RBI-registered asset providers that help guide every user on the right portfolio for their needs, cash flow, current investments, and risk appetite.
Cube Wealth – Competitors
There are applications like Paytm Money and ET money operating in the same market. But Cube Wealth is different from these competitors. The reason being these two companies mainly focusing on mutual funds and mostly catering to first-time investors.
The company raised USD 2 million in October 2018 in its Series A round from a handful of investors, including Singapore-headquartered venture fund Beenext, Japan-based Asuka Holding, and the US-based 500 Startups.
On june 1st 2020, it announced mid-series funding of $500,000 led by Satyen Kothari, founder of Cube Wealth. Other participants in this round include Singapore-based venture fund Beenext and Japan-based Asuka Holding.
Date
Stage
Amount
Investors
21st October 2018
Series A round
$2 million
Beenext, Asuka Holding and 500 Startups
1st June 2020
Mid Series
$500,000
Satyen Kothari, Beenext, Asuka Holding
The funds have been used to grow & scale the company in India’s top cities like – Mumbai, Bengaluru, Hyderabad, Chennai, and Pune—and also expand to Europe and America to tap the Non-Resident Indians there.
Cube Wealth – Growth
Currently Cube Wealth has offices in Mumbai, Pune, Bangalore, Chennai & Hyderabad. Cube has effectively simplified and automated the lives of members across 26 cities and 5 countries in their journey of wealth creation and management.
Cube Wealth is trusted by many senior professionals from companies like Google, Amazon, Microsoft, IBM, Deloitte, KPMG, & many more.
They have partnered with top wealth advisors in the country like Purnartha, Wealth First, Ambit, Alchemy, Motilal & Oswal among others.
Cube Wealth – Future Plans
The company currently curates 17 investment options for its users, who can start investing with as little as INR 15,000 (USD 200) to as high as a few crores (one crore is 10 million rupees, or about USD 150,000).
The investment portfolio on Cube Wealth’s mobile app includes mutual funds, stocks, equity, and peer-to-peer (P2P) investments, among others. Recently, the company has also made stocks listed in the US and other countries, such as Apple, Microsoft, Starbucks, and a few others, available for Indian investors who can put a maximum of USD 250,000 into non-Indian stocks every year.
In the near future, they plan to monitor & add more efficient investment products to help users have a complete portfolio.
Cube Wealth is a digital wealth management service provider that offers busy professionals investment options through its app along with expert advice to achieve their investment goals.
Is Cube Wealth app safe?
The Cube Wealth app is safe and reliable for mutual fund investments.
Is Cube Wealth free?
There are no additional fees to invest in P2P lending through Cube.
Who is the founder of Cube Wealth?
Satyen Kothari is the Founder and CEO of Cube Wealth.
What is the cube wealth charges?
Cube wealth charges 1% transaction fee from retail investors and 2% from institutional investors on the loan amount disbursed.
The digital fintech startup Paytm has recently announced that it has launched a platform for its users to learn about investing. It has launched a video-based wealth community platform(Currently in beta stage) for the users to learn investing. Let’s look at the further details of the New Community Platform Launched by Paytm for Learning Investments.
Paytm is an Indian based multinational startup company. They are an e-commerce payment system and a financial technology company that has its headquarters located in Uttar Pradesh, India. The company was founded in the year 2010.
The abbreviation of Paytm stands for “Pay Through Mobile” and it encourages it with its famous tagline ‘Paytm karo’. The company was founded by Vijay Shekhar Sharma. Some of the company’s products are Paytm Mall, Paytm Payments Bank, Paytm Money, Gamepind, Paytm Smart Retail.
The services offered by Paytm are Payment systems, digital wallets, mobile payments banking, online shopping, etc. Some of the key investors of the company are Ant Group, SoftBank Vision Fund, Warren Buffet’s Berkshire Hathaway, etc.
Paytm Wealth Community
On 26 April 2021, Paytm which is one of the largest fintech companies in India announced that it has launched a platform that is a video-based wealth community to revolutionize the Indians to learn, discuss and trade in the capital markets.
Paytm Wealth Community is considered to be India’s first community which will be based on investing. The platform will be video based and there will be live sessions conducted for the users of the community to ask doubts and discuss on the topics.
The live sessions will be conducted by the industry experts and will cover a wide range of topics for the users such as stocks, futures and options, ETFs, Mutual Funds, IPO, Gold, Fixed Income and Personal Finance.
Paytm Wealth Community
The platform will provide a chance for users to learn from the experts in the industry, discuss their doubts with them and also chat and grow together with their fellow learners. The users on the platform will discuss on various wealth related topics.
In today’s world, the way the youth learn, interact and transact has seen a rapid evolvement. The social interaction between peers has been greatly influenced by the growth of apps and other social media platforms.
It is seen that the social media platform and communities on various other sectors have seen a considerable growth, the digital platforms communities and groups have grown over the years, but there has not been a trustworthy digital platform and a reliable platform for wealth management.
Paytm intends to cover it up and build a trustworthy and reliable wealth management platform for the youth through its new community. It is taking a step to fulfill the requirements of the Indian Investors by launching the platform.
The platform will contain live video content with an interactive chat platform and creators are planning to conduct the sessions for a time period ranging from 30 minutes to 60 minutes. The sessions are expected to be launched in various languages such as Hindi, Gujarati, English and many more.
The platform is under beta testing and Paytm has onboarded a limited set of users. All the creators will have to go through a KYC process which will be a step for ensuring the safety of the retail investors. All the contents will be recorded and checked.
The roadmap of the product and technology is expected to completely transform the user experience. Over the period of time, the users will be able to create a customized discussion room by setting up their creator account and will also be able to chat in a controlled environment.
Paytm expects that the next 100 million capital market investors will be originated through investment communities and social groups and the wealth community of Paytm intends to be a leader and helping the investors to save, trade and invest better.
Beta testing
Paytm has said that users who have received the access to the wealth community launched by Paytm will be able to see a calendar that will have a list of the video sessions available on the platform. The beta testing feature is expected to be for the period of two months and later it will be opened to access to all.
The CEO of Paytm money, Varun Sridhar said that Paytm money was a natural choice by the company for its beta testing platform for the wealth community. Paytm money has direct access to a broad range of investment communities and has a reach across India.
Paytm Wealth Community also offers an opportunity for the experts in the industry to create a personal brand by creating their content and sharing their knowledge with millions of budding investors. This will be a platform to create a personal brand in the capital markets industry.
The company is supporting anyone with the required skills and has a significant social impact to create a personal brand. For starting the registration process, they will have to mail to pwc@paytm.com.
FAQ
Who is the current owner of Paytm?
One97 Communications Ltd is the owner of Paytm.
Who is CEO of Paytm?
Vijay Shekhar Sharma is the current CEO of Paytm.
Is Paytm Chinese company?
PayTM is owned by an Indian company by the name of One97 Communications Ltd.
Conclusion
The capital investors in India have seen a significant rise in the last two years because of the pandemic. People are looking forward to growing their wealth through capital markets due to the layoff of jobs. Platforms such as Upstox, Groww, Zerodha and Paytm money has seen a subsequent increase in their user base.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Paytm.
Love shopping right? Want things branded? Always want to follow the trend? Online shopping is a process of buying and selling which helps consumers to buy products with a lot of information. Shoppers are able to visit web stores from their homes itself. Isn’t it interesting?
Paytm Mall is an E-commerce platform. Paytm Mall’s electronics category is very popular on the website as it helps users in finding the latest mobiles and eletronic gadgets at the lowest prices. Paytm Mall app also provides its customers with the best deals, offers and cash backs. Starting from home appliances to laptops everything is available here. Read the Paytm Mall success story below to know more about the company.
Paytm Mall India is dedicated towards online shopping like any other e-commerce app or website. But it doesn’t deal with options like bill, recharge, payment, utility bills or any other money-related activities. Paytm is a word that everyone has come through. Apart from this many don’t know that the shopping section is also available along with the bill payment section. Rest there are no such differences.
Paytm Mall – Startup Story
In the beginning, Paytm dealt with money bills. A few years later the company launched a consumer shopping app for its users. It is inspired by the model of China’s largest business to consumer (B2C) retail platform. The aim was to create a combination of the mall and bazaar concept to Indian consumers. With the help of the new app, consumers will now be able to shop from 1.4 lakh sellers. The Paytm Mall app is available for Android and Apple, and is soon said to launch an upgraded version.
The Paytm founder Vijay Shekhar Sharma is currently an Indian billionaire businessman and an entrepreneur. He was born on 8th July in 1978 and is currently, 42 years old. He completed his education from Delhi College of Engineering, which is now known as Delhi Technological University. In 1997 he started a website but sold it two years later for $1 million.
In the year 2017, he was ranked as India’s youngest billionaire. He was also the one who was present in the list of Time magazine’s 100 most influential people in 2017. Besides Paytm Mall, the platform is also known for creating Paytm first game and the Paytm wallet.
Paytm Mall – Tagline, Slogan And Logo
The tagline of the company is ‘Ab Shopping ke liye bhi, Paytm Karo!‘
Paytm Mall logo
Paytm Mall – Business Model
The Paytm Mall business model is based how the platform is designed especially for Paytm merchants, vendors and sellers. The company charges a commission between 5 to 20% of the products sold. The company has moved away from the warehouse model and is leveraging its successful O2O (offline to online) model to save costs up to 35%.
With the help of the O2O model, the company has seen a lot of progress. The Paytm Mall’s business model is said to improve in the coming years. Here, customers can also scan codes using their smartphones to shop in their favourite shops. The company feels that these kind of things will help consumers more.
The Paytm Mall login and interface is easy to use, so the visitors can turn into buyers. The Paytm Mall customer care is also responsive and solves the customer queries immediately. While the Paytm mall delivery time is said to be anywhere between 2-8 days, The Paytm Mall return policy is also available for the customers who want to exchange their products.
The Paytm Mall revenue has doubled its in the year 2019. But after going through a loss in 2020 due to the pandemic, its again aiming towards increasing the revenue by three times in 2021. Paytm Mall spent Rs 2140 crores in 2019 to earn revenues of Rs 893 crores. Through brand promotions and shipping fees, the company earns a lot of money. Like Rs 66.7 crores and Rs 50.05 crores itself. The company also earned Rs 75.12 crores through mutual funds in the year 2019.
The company’s revenue is also earned through advertisements and Paytm Mall offers. But in the year 2018, the company spent Rs 944.21 crores and earned Rs 317.22 crores in the year 2019.
Paytm Mall – Funding And Investors
Paytm Mall funding has raised a total amount of $795 million in just 3 funding rounds.
The company is emerging as the preferred online to offline (O2O) platform across the country. It has seen more than 200% growth in the year 2019. To support and continue this growth the company has added more 200 people for the business in 2019. They are observing strong growth. And more improvement is required in the growth sector. Paytm Mall will consider getting listed on stock changes only after 2021 arrives.
Paytm Mall – Competitors
The top competitors of the company are Koovs.Com, Shopclues.Com and Snapdeal.
Koovs.Com is the topmost rival of Paytm Mall. The company was founded in 2009 in Haryana.
Shopclues.Com is one of the competitors of Paytm Mall. The company is headquartered in Haryana.
Snapdeal is also one of the competitors of Paytm Mall. It was founded in 2007 in New Delhi.
Paytm Mall – Future Goals
The company is aiming towards adding more workers by 2020. Along with technology, business and products, Paytm Mall is ensuring to its consumers that they will be getting a wide range of products and offers across online and offline stores.
Paytm Mall – Latest News
9th July 2021 – According to the media sources, some seniors Paytm executives have decided to quit before its anticipated $2.3 billion Initial Public Offering (IPO). This includes the president of Paytm Amit Nayyar and a few other executives, however the company is yet to find a replacement for the president.
Earlier in the year, Paytm Mall continued to face losses due to the covid 19 pandemic, however the company is looking to come out ahead with the help of its ‘End of Season Sale’ from June 25 to June 28 in 2021. The company will showcase best in class fashion collection from huge range of top international and national brands.
For the Paytm Mall sale today, the company has partnered with Axis Bank, Bank of Baroda, IndusInd Bank for exclusive Paytm cashback deals on all debit and credit card transactions. The Paytm Mall sale is offering discounts from 50% to 80% on more than three lakh products in various category. The platform provides big savings with the help of Paytm mall promo code, deals, Paytm mall coupons and Paytm mall cashback rewards, etc.
Paytm Mall is an E-commerce platform. It helps you to find the latest mobiles online at the lowest prices. The company also provides its customers with the best deals, offers and cash backs.
How does Paytm work?
Paytm customers can pay, receive and shop with just a smartphone at zero extra cost. Users can simply scan the recipient’s QR code or entering their mobile number in the ‘Pay’ option in the Paytm app to instantly pay virtually anyone with a smartphone and the Paytm app.
Who is the Founder of Paytm?
The Paytm owner is Vijay Shekhar Sharma
What is the benefit of Paytm?
Paytm offers saving details for wallet, postpaid, saved UPIs, merchant gift vouchers, Paytm payments bank details.
Is Paytm Mall safe?
Yes, Paytm Mall app is safe as Each and every transaction at Paytm Mall is securely.
Which country created Paytm?
India
Is Paytm a Chinese company?
PayTM is completely Indian, it lists Ant Financial, a Chinese bigwig, as its major investor.
How much is Paytm worth?
The Paytm valuation according to the company IPO will be Rs 16,000 crore.
What is the difference between Paytm mall and Paytm?
Paytm Mall is an online shopping e-commerce website where as paytm is an eCommerce payment system where the users can engage in financial transactions.
How can I create a paytm account?
After the paytm app download, the users will need documents like the GST certificate and the Address proof of the registered business.
How is Paytm Mall doing?
Paytm Mall is doing good as it hit a GMV of $10 billion in FY 2019 based on its O2O strategy.
Paytm is now booming huge potential in e-commerce platform, offering online payments, Recharges, flight booking, Railway tickets, movie tickets, etc. So, people look for coupons to get some extra discounts. Hence, here is the list of websites to check for paytm offers.
Cashkaro.com
Cashkaro.com is the one of top-rated India’s no 1 cashback and coupons website. Save cashback on leading Indian and international brands, cashback partners like myntra, Flipkart, snap deal, Jabong, and more than 500+ partners. All you need to just log in through cashkaro.com, search offers and click on to regarding offers and it will redirect you to the respective website and apply the coupons and get cashback.
CashKaro
Grabon.in
Grabon.in is India’s top 250 coupons website. They are offering coupons, promos, offers from many partnered e-commerce websites like Paytm, bookmyshow, freecharge, Domino’s, OYO Rooms and more. Presently, they have 3474 merchants associated.
Coupondunia is the destination for deals, discounts, coupons from top Indian ecommerce websites like amazon, Flipkart, etc. Coupondunia bring smart savings as a cashback offers from favorite websites. Their goal is to make savings smartly in a wide range of products from various sites like myntra, jabong, food, dining, travel, etc. As they stated that India is believing in saving smartly online and look into saving on their favorite website.
Coupondunia
Promocodeclub.com
Promocodeclub.com is India’s biggest promo codes coupons website which offers all kind of Recharges offers, eBay.in coupons, deals, discounts, and more. Recharges include like paytm, freecharge, mobiKwik, etc. They are now 200th Rank in India.
Promocodeclub
Coupons.oneindia.com
Coupons.oneindia is India’s all in one local language news portal, they are offering coupons as the feed to get to know about deals, discounts from various e-commerce platform.
Couponraja.in is the website offering updated coupon codes and promotional codes. They collaborate with 1000+ retailers. All you need to do is buy from favourite website and add coupons from couponraja to get benefited cashback offers, deals, discounts etc. Today Couponraja.in provides coupons worth over 100 lakhs in the industry.
Couponraja
Coupondekho.co.in
Coupondekho is the one of the largest web portal offering cashback, coupons deals, and discounts on wide range of merchants including amazon.in, flipkart.com, snapdeal.com and more. They provides coupons for 1000+ brands in India.
Coupondekho
Gopaisa.com
Gopaisa is the cashback and coupons website providing coupons for extensive range of products and services. Gopaisa offers cashback through several retailers. You just need to browse products and gopaisa will redirect you to the merchant’s website and apply cashback coupons and add it to savings.
Couponhaat.in is the India’s leading coupons deals portal. They are offering best deals at affordable prices from the online eCommerce merchants. They also feature freebies, and discounted coupons. Couponhaat provides unique coupons for the savings that cashback offers to users.
Couponhaat
Couponrani.com
Couponrani is India’s leading coupon website that helps online shoppers in saving more through shopping. Couponrani provides exclusively coupons, deals, cashback offers to users. They started their service from 2012. Couponrani merchants includes eCommerce platforms like amazon, Flipkart, Snapdeal, and recharge offers like paytm, freecharge and more.
