From being a recharge platform to a payment bank, the journey of Paytm is inspirational and now is a case study topic published by IRC (India Research Centre) of HBS (Harvard Business School).
The case study that titled ‘Paytm: Building a Payments Network’ will be available for teaching purposes within and outside Harvard. Mumbaibased IRC that was established in 2006, supports its faculty with the research on the emerging trends in the region. Most of the case studies and HBS research projects focused on business in South Asian region has been supported by IRC.
“Paytm is revolutionizing payments in India and it is a shining example of India’s digital future,” said Chair of the General Management Program at HBS and one of the authors of the study and Edward W. Carter Professor of Business Administration, Professor Sunil Gupta.
Along with Professor Das Narayandas, Professor Gupta had also published a case study on Flipkart’s decision to hoard off its logistics unit, Ekart as a discrete company and also, they published a case study on the etailer’s move to a marketplace model in April 2016.
“We are on a mission to bring half a billion Indians to the mainstream economy and in turn build a business that India would be proud of. For us, the journey to enable fellow countrymen with digital payments and become a part of financial inclusion has only started right now. It is truly a privilege to have it become a part of the curriculum offered by the prestigious institute,” said CEO of Paytm, Vijay Shekhar Sharma.
Paytm’s journey is now a case study at Harvard
