Paytm Money VS Zerodha
Shubham Kumar
Product Manager @ Lowe’s | Pricing & Data Products | Exploring Gen AI, GPTs & Agentic AI | Perplexity Business Fellowship '25 | Fellow, ADPList’s Product-Led Growth Series '23 |
So as far as I know after reading about the journey of Paytm Money, the idea was generated in Mid i.e. June 2017 and then launched publicly on 4th September 2018 where I came to know that Paytm Money is India's largest online direct Mutual Fund investment platform which is backed by its parent company Paytm itself. And of course within a year of launch it was able to pull more than 30 lakhs customers on its platform.
Some of the catchy factors of this platform are-
a) It allows you to invest in all kinds of mutual funds that of course is not allowed by other platforms.
b) Paytm Money allows easy discovery of funds (Top Rated Schemes, Funds with Highest Returns, India’s Trusted Fund Managers), Details about the Mutual Fund Scheme, Can invest in Lump sum or start a SIP(as low as Rs 100), Easy payment. Experience seamless investments with automated 1-tap payments.
c) The app interface is pretty cool, and requires minimal user inputs. Everything from registration, to verification, to auto-pay, to investments is super easy.
Now there of course will be drawbacks but my purpose here is not to pen down positive or negative but to deep dive on the thought when before few days I came to know about Paytm set to launch its stock market trading service after getting an approval from SEBI in January 2020. Where Zerodha has already been successful in changing the revolution of stock market trading in 2010 and which claims to currently account for 15% of the Indian retail trading volume with a customer base of 2.8 million. How healthy the competition is going to be or how the revolution can be coped up with both working in the same domain? Interest of Indian has already shifted to stock market investment and has seen constant growth over the past few years, I feel I am all set to see a world full of revolution and challenges for businesses! I would be happy enough to get your thoughts on this :)
#Fintechrevolution #stockmarkettrading #competition #startups #zerodha #paytmmoney #investments #challenges #NSE #BSE #SEBI