When we think of chineese apps ,Tick Tock ,UC browser or ShareIt pop up into our mind. We consider Paytm as Indian app and that is absolutely true for sure. But what we didn't consider is the shareholder of the company, When we consider Paytm shareholders , the name of Vijay Shekhar Sharma , founder of Paytm pops in our minds . But the Paytm shareholder’s list consists of multibillionaire Alibaba, One97, Tata Sons, Softbank, Ant financials, etc. Paytm’s biggest shareholder is Alibaba itself. So this Indian company’s largest shareholder is a Chinees company! Paytm shareholders 2020, 2019 have huge variations. Here we will answer why you should not use Paytm app if you want to boycott China. What is Paytm? Paytm (Meaning Pay throug mobile and pronounced similar to ATM ) is an Indian e-commerce payment system and financial technology company, based in Noida, India . Paytm was founded in August 2010 with an initial investment of $2 million by i