One97 Communications is the owner of financial services company Paytm . Operating across multiple sectors , incorporating bill payment , travel booking and mobile recharges , Paytm Caters to the Indian market . Its payment system allows merchants to offer customers the simple payment option of scanning a QR code with their phones to pay , from sources such as bank accounts , pre-paid cards and digital credit . According to the latest data , its valuation ties it with the tenth entry on our list .

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VIJAY SHEKHAR SHARMA technologymagazine . com