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Tag: Madhur Deora

  • Paytm’s Madhur Deora promoted to president

    Paytm’s Madhur Deora promoted to president

    Digital payments leader Paytm, the brand owned by One97 Communications, has today announced that Madhur Deora, currently CFO of Paytm, has been promoted as President of the company.

    Vijay Shekhar Sharma, Founder & CEO, Paytm, said, "We have grown over 20x in the last 3 years by creating a payments-led lifestyle and financial services app in our country. The next phase of our journey is to expand our offerings in consumer internet and financial services. As we expand our business, we are promoting Madhur to the role of President. Madhur has been a key partner in this success."

    Madhur Deora – President, Paytm said, “It has been an unbelievable journey at Paytm and I am excited about our next phase of growth in consumer internet and financial services. I look forward to working with Vijay and the management team to help build our organization for the future.”

    Madhur has over two decades of professional experience. Prior to joining Paytm in October 2016, he served as Managing Director in Citigroup’s investment banking business in a career that spanned New York, London, and Mumbai.

  • Paytm, Insider.in are official ticketing partners for KPL 2018

    Paytm, Insider.in are official ticketing partners for KPL 2018

    MUMBAI: Paytm, India’s digital payments company has partnered with Karnataka Premier League 2018 as official ticketing partner for the seventh season of exciting regional T20 league. The tournament will start from 15 August and go on till 6 September 2018 and Star India is the official broadcaster.

    As a part of this engagement, Paytm and its subsidiary Insider.in will manage the end-to-end ticketing experience and accreditation services for the league for all matches played at M Chinnaswamy Stadium in Bangalore, KSCA Rajnagar Stadium, Hubli and SDNR Wadiyar Stadium in Mysuru. 

    Paytm chief financial officer and SVP Madhur Deora said, “We are glad to partner with Karnataka Premier League 2018 as their exclusive ticketing partner. We aim to contribute towards developing greater interest towards this exciting regional T20 league by driving seamless ticketing & payments.”

    Customers in Karnataka can book their tickets or scan the Paytm QR placed at the venue ticket counters/stores. In an effort to increase its presence in this territory, the company will also be activating retail outlets for sale and redemption. This will ensure a seamless experience for fans to enjoy one of the most exciting regional T20 cricket league in the state.

    KSCA official spokesperson Vinay Mruthyunjaya said, “After six successful seasons, the annual tournament is traveling to different cities in order to engage young budding cricketers and their fans across the state. This season’s matches are scheduled to begin on the 15 August in Bangalore and will move to Hubli and Mysore on 19 and 29 of August respectively. With the help of Paytm- Insider.in partnership we are looking in building and engage cricket fans across Karnataka. Please book your tickets on Paytm & Insider.in and be a part to witness KPL 18.”

  • Paytm partners with Dharma Productions to launch loyalty card for fans

    Paytm partners with Dharma Productions to launch loyalty card for fans

    MUMBAI: Dharma Productions will be launching an industry-first exclusive loyalty card for its fans. The production house that has given the Indian film industry some of the most iconic films, enjoys an unprecedented fan-following across the globe. 

    The production house has partnered with Paytm which is India’s largest payments company to introduce first-of-its-kind loyalty program will reward their fan family in the country with exciting offers, experiences and tempting discounts. 

    The loyalty card will be exclusively made available through the Paytm app from 3rd July onwards and there is limited availability of the cards.

    Dharma kick-started the year with the blockbuster Raazi along with other movies. Joining the loyalty program will grant fans first access to all Dharma films and they will also be eligible for exclusive Dharma rewards. Fans can buy their loyalty card exclusively on Paytm and get access to various rewards, right from availing a cash-back of upto Rs 1500 cash-back on their films to a trip to movie sets and locations where Dharma movies were shot among other exciting deals.

    Karan Johar said, “We have received unconditional love from our fans over the years and this has indeed been a blessed journey so far. This offering is our way of thanking them.”

    Paytm CFO and SVP Madhur Deora added, “We are excited to grow our relationship with one of the country’s top production houses Dharma Productions as the exclusive Loyalty & Reward Partner for the Dharma Loyalty Card. We have been focused on improving the movie-watching experience with the widest assortment of theatres and novel first-of-its-kind offerings like Cancellation Protect.”

    Paytm Movies is the country’s fastest-growing entertainment ticketing platform. It powers online ticketing for 4800 movie screens in 750+ cities, registering an exponential 500 per cent growth as compared to 2016, the year of launch for Paytm’s movie ticketing and event booking platform. It is aiming to sell over 100 million tickets by end of this year.

  • Paytm is the official ticketing partner of Kings XI Punjab’s home games for VIVO IPL 2018

    Paytm is the official ticketing partner of Kings XI Punjab’s home games for VIVO IPL 2018

    MUMBAI: Paytm along with event ticketing platform Insider.in would be the exclusive ticketing partners for the home games of Kings XI Punjab, in the upcoming 11th edition of the Indian Premier League (IPL). Insider.In will be handling the logistics and operations for the game – managing box office, stadium entry, seating and physical ticket delivery.  

    The tournament starts on 7th of April, through 27th of May, with the opening game between current title holders Mumbai Indians and Chennai Super Kings, who are making their IPL return. The tickets will go live on Paytm and Insider.In (website and app) on 22nd of March.

    The team’s games will be divided between Holkar Stadium Cricket Stadium, Indore (first 3 matches) and I.S. Bindra Punjab Cricket Association Stadium, Mohali (latter 4 matches). Its opening game of the tournament comes against DD at Feroz Shah Kotla Stadium (08 April), and its first home game will be at Indore on 15th of April, against Chennai Super Kings.

    Fans can expect several new features and services to enhance their cricket-watching experience. In an industry first, Paytm & Insider.In will be providing refunds for cancelled tickets for a cricket match, via a feature called Cancellation Protect. For a small fee, ticket buyers have the ability to cancel their tickets up to 10 days before the match starts, getting a refund on the full price of the tickets. This, the companies believe, will be a major step towards helping fans plan their cricket-watching experience, encouraging them to book tickets, safe in the knowledge that their money will be refunded in the event of an exigency.

    Attendees will also be able to pre-buy a special IPL-Paytm F&B payments card online and use it towards food & beverage purchase at the stadium. The IPL-Paytm F&B card can be easily topped up when at the match using the Paytm app. What’s more, die-hard fans of the teams will now also be able to purchase official merchandise on the Paytm Mall and Insider.In app and website. All of this is available right at the time of ticket purchase, offering a seamless buying experience to cricket fans waiting to support their favourite teams. While the benefit to the consumer is clear, the streamlined process which makes the sale of merchandise and F&B easier, will also help teams grow these revenue streams.

    Insider.in and Paytm will be selling tickets offline as well in a network of outlets in and around Mohali. Those who choose to buy tickets from here will receive physical tickets at the locations.

    Paytm and Insider.In have aggressively moved into the sports ticketing space over the last year. In December 2017, they were responsible for ticketing and operations for 4 cricket matches across all three formats: India vs New Zealand T20 (Paytm T20 Trophy, November 1, Delhi), India vs Sri Lanka Test (Paytm Test Series, December 2-6, Delhi),  India vs Sri Lanka ODI (Paytm ODI Trophy, December 10, Dharamshala) and India vs Sri Lanka T20 (Paytm T20 Trophy, December 22, Indore). In addition to cricket, the companies have also been the official ticketing partners for ISL teams FC Goa & Delhi Dynamos; Pro Kabaddi League teams U Mumba, Dabanng Delhi, & Jaipur Pink Panthers for the 2017-2018 season.

    “Over the past few years, Insider.In has become well-known for ticketing top music events such as Bacardi NH7 Weekender, A.R. Rahman’s live shows, Arijit Singh live, and comedy tours of artists such as Russell Peters, AIB, Biswa Kalyan Rath, Zakir Khan and several others. This has been the first year of Insider.in ticketing sports events in the country.”, says Shreyas Srinivasan, founder and CEO, Insider.In. “As with Music and Comedy, we aim to deliver for our partners value add beyond traditional ticketing. We are here to provide tools which improve efficiency and help organisers drive more value to sponsors and fans.”

    Paytm, Chief Financial Officer and SVP, Madhur Deora said “We are very proud to associate with Kings XI Punjab and be a part of their journey as the official ticketing partner in this season of VIVO IPL. Paytm Entertainment is working towards building a seamless experience for cricket fans and partners alike. With innovative features for booking tickets online and offline, payments and fan club management, our goal is to bring the best to the industry. Not only ticketing, our association also focuses on Food & Beverage cards and official merchandise for fans to have an incredible experience at the stadium.” 

  • Paytm is the exclusive ticketing partner for Delhi Daredevils’ home games in the upcoming VIVO IPL Season

    Paytm is the exclusive ticketing partner for Delhi Daredevils’ home games in the upcoming VIVO IPL Season

    MUMBAI: Paytm, India’s largest mobile-first financial services platform has announced that it is the exclusive ticketing partner for the Delhi Daredevils in the upcoming 11th edition of the VIVO Indian Premier League (VIVO IPL). Tickets will go live on Paytm and Insider.in after the 2nd week of March for games to be played at the historic Feroz Shah Kotla Stadium starting April 8.

    DD fans will be able to experience the most seamless cricket-watching experience with Paytm. The company will leverage its extensive network to offer DD fans a first-of-its-kind seamless omni-channel ticketing and shopping experience. The company, along with Paytm-Insider will host tickets for all DD home games and handle everything from In-Stadium and counter payments, refund on Cancellation for both online and offline sales. It will also manage the DD loyalty program and host official merchandise sales on Paytm Mall and various other channels. Paytm’s expertise in ticketing along with Paytm-Insider’s experience in events discovery will lead to greater ticketing volumes for the Delhi Daredevils franchise. Paytm will also leverage Insider.in’s online and offline marketing channels to create nationwide buzz around upcoming Delhi Daredevils games and driving greater audience engagement.

    In a first-of-its-kind move, Paytm would make match tickets available through its network of over 200+ Partner Stores in Delhi NCR. Fans will also be able to get a special DD-Paytm Food & Beverages Payments Card online before the game as they book their tickets and use it for all food or beverage purchases at the stadium. This DD-Paytm Food & Beverages Card can be recharged instantly before or during the match using the Paytm app. This move will streamline the sale of food & beverages during the games and make it more convenient for fans who visit the stadium to enjoy the game.

    Paytm, Chief Financial Officer and SVP, Madhur Deora said “We are proud to partner Delhi Daredevils, as they embark upon an exciting VIVO IPL season with one of their best squads ever. Paytm Entertainment is focused on helping our partners grow their business through innovation and helping them offer a superlative experience to their customers –in movies, events, and now – DD Home Games. We are committed to bringing our scale and ecosystem to solve pain points like online and offline bookings, fan-club management, payments, merchandising and much more. We believe we are uniquely placed, and are fully committed to innovating for our customers and our partners.”

    GMR Sports Pvt. Ltd, Chief Executive Officer, Hemant Dua said “Fan experience has always been one of our top priorities.  An integration with a partner like Paytm is a step in that direction. We also hope to leverage Paytm’s expertise to create a seamless experience for all the fans.” Paytm will manage the end-to-end ticketing experience for what promises to be an exciting season of T20 cricket. DD Fans & Paytm customers can book their tickets online, on the Paytm website, app, or  Insider.In, with which Paytm will be managing ticketing and operations for these matches or scan the Paytm QR placed at the ticket counters and book tickets offline”.

    Paytm has aggressively moved into the cricket ticketing space over the last year, as the official ticketing partner for India-Sri Lanka and India-New Zealand matches in Delhi, Mohali, Indore and Dharamshala. 

  • Paytm’s traffic up by 435 per cent within hours of PM’s announcement

    Paytm’s traffic up by 435 per cent within hours of PM’s announcement

    MUMBAI: Mobile payment platform Paytm is registering massive growth across India within hours of Prime Minister Narendra Modi’s announcing the ongoing ban on Rs 500 and Rs 1000 denomination of notes. The Paytm platform saw an overwhelming 435 per cent increase in overall traffic as millions of consumers across India have taken to using their Paytm Wallets to transact offline.

    The company registered a 200 per cent hike in number of app downloads and 250 per cent surge in number of overall transactions and transaction value. The number of Saved Cards also grew by 30 per cent, pointing at a strong set of repeat customers the platform has now acquired. The company has noted 1000 per cent growth in money added to the wallet and 400 per cent growth in transaction value of offline payments. This is a great showcase of how fast consumers across the country are taking to the ease, convenience and safety Paytm’s cashless payments offer.

    Paytm CFO Madhur Deora said, “This is the biggest and most ambitious step ever to crack down on black money and fake currency. We stand by the government in its efforts towards taking black money out of the equation and offering a major boost to the Indian economy. Since Paytm is fast becoming synonymous to all kinds of payments, we are happy to announce we have registered a strong surge in volume on our platform.”

    Paytm’s cashless payments are widely accepted across India owing to the ease, convenience and safety they offer. Brick-and-mortar merchants and other Online-to-Offline sectors present a huge opportunity for Paytm to integrate its fast, secure and convenient payment solution. With the country’s overwhelming response to Paytm, it is setting bolder targets to achieve its goal of helping India’s transition into a cashless economy.

  • Paytm’s traffic up by 435 per cent within hours of PM’s announcement

    Paytm’s traffic up by 435 per cent within hours of PM’s announcement

    MUMBAI: Mobile payment platform Paytm is registering massive growth across India within hours of Prime Minister Narendra Modi’s announcing the ongoing ban on Rs 500 and Rs 1000 denomination of notes. The Paytm platform saw an overwhelming 435 per cent increase in overall traffic as millions of consumers across India have taken to using their Paytm Wallets to transact offline.

    The company registered a 200 per cent hike in number of app downloads and 250 per cent surge in number of overall transactions and transaction value. The number of Saved Cards also grew by 30 per cent, pointing at a strong set of repeat customers the platform has now acquired. The company has noted 1000 per cent growth in money added to the wallet and 400 per cent growth in transaction value of offline payments. This is a great showcase of how fast consumers across the country are taking to the ease, convenience and safety Paytm’s cashless payments offer.

    Paytm CFO Madhur Deora said, “This is the biggest and most ambitious step ever to crack down on black money and fake currency. We stand by the government in its efforts towards taking black money out of the equation and offering a major boost to the Indian economy. Since Paytm is fast becoming synonymous to all kinds of payments, we are happy to announce we have registered a strong surge in volume on our platform.”

    Paytm’s cashless payments are widely accepted across India owing to the ease, convenience and safety they offer. Brick-and-mortar merchants and other Online-to-Offline sectors present a huge opportunity for Paytm to integrate its fast, secure and convenient payment solution. With the country’s overwhelming response to Paytm, it is setting bolder targets to achieve its goal of helping India’s transition into a cashless economy.