Composed of former employees of the fintech giant Paytm, this collective of startups has captured attention with its notable achievements and impact on the entrepreneurial landscape.
Collective Valuation
The Paytm Mafia, boasting a collective valuation of ₹10,668 crores, stands as a formidable force in the startup ecosystem.
Noteworthy entities such as Pocket FM, Park+, and Indiagold spearhead this impressive valuation, showcasing the diversity and strength within the group.
Number of Start-ups Launched
Since its inception, the Paytm Mafia has witnessed significant growth, particularly following the ₹300 cr ESOP buyback in January 2018.
This pivotal moment marked the ascent of the Paytm Mafia onto the startup stage, laying the groundwork for its subsequent expansion and influence.
Spread Across Sectors
Diving into sectoral distribution, it’s evident that the Paytm Mafia spans a wide spectrum of industries.
Fintech reigns supreme, constituting 24% of the group, with notable contributions from other sectors contributing to its multifaceted portfolio.
Jobs Created
One of the most notable contributions of the Paytm Mafia lies in its role as a job creator.
With over 2,500 jobs generated in India, the group has significantly contributed to employment opportunities, with select companies like Pocket FM, Park+, Unnati, and Indiagold leading the charge in job creation.
Founders’ Alma Mater
Examining the educational backgrounds of the founders sheds light on their diverse origins.
While 26% of the Paytm Mafia founders are graduates of IITs, a significant proportion hails from Delhi University, reflecting a mix of academic pedigrees within the group.
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