In a tweet, Paytm CEO Vijay Shekhar Sharma said that the company has crossed 200 million wallets. The tweet added that the total balance in the wallets is Rs 899.11 crore with 106.8 million wallets with money or with a card saved. Double century! Next milestone, 500 Mn by 2020. ?? Thank you India ?? pic.twitter.com/uBlkUcKuER — Vijay Shekhar (@vijayshekhar) 27 February 2017 To put things in context, it is estimated that the number of Internet subscribers in India is 462 million in 2016, as indicated by Internet live stats. So going by this number, nearly 43% of India's Internet subscribers are on Paytm. However, there isn't an accurate figure on the number of monthly and daily active number of users. During the early days of the demonetization drive, Paytm's Deppak Abbot (senior vice president of product growth) indicated that there are around 41 million daily active users (DAUs). The number of monthly active users on desktop and mobile web was 40 million. We have written to the company for updated numbers and will update once we hear from them. @shrinivassg that’s overall DAU. Mweb see 15mn on a normal day. Yday Mweb alone had 24mn. Overall iOS, Web, android touched 41mn — Deepak Abbot (@deepakabbot) 16 November 2016 @nixxin we have 25mn Android installs from OEM+3rd party stores, 8mn iOS + we get 40mn MAUs per month on browsers across mweb & desktop — Deepak Abbot (@deepakabbot) 16 November 2016 Note that Paytm is now concentrating its efforts to…
