In new reports, WhatsApp showed revenues of Rs 6.84 crore and profit of Rs 57 lakh for the financial year.
Businesses can receive Whatsapp messages from users for free during the first 24-hours.
While it is still being rolled out, conversational commerce through things like payments on Messenger will also be important to the social media giant, the report said.
Paytm for Business is currently available only for Android users on the Google Play Store and comes with support for 10 Indian regional languages.
WhatsApp acknowledged that the normal ‘WhatsApp’ app is not meant for business owners and instead, it is meant for people.
Facebook introduces Click-to-WhatsApp button on Facebook ads to better link the two platforms together
This Click-to-Whatsapp button is quite similar to the click-to-Messenger ads that previously rolled out by Facebook.
WhatsApp Business allows Facebook to capitalise on the popularity of its IM client, and explore monetisation options
Facebook is looking to recover some of that money spent in the acquisition of WhatsApp, by building features specific for businesses use.
Play Store's description reads: "As a test partner for 'WhatsApp Business', you have early access to a range of features that we've built with you in mind".
WhatsApp Business is poised to a good start along with the integration of UPI payment system in the app that the company is currently working to refine.
BookMyShow ticket confirmations now on WhatsApp; ticketing platform integrates with WhatsApp for Business
BookMyShow on Thursday joined hands with WhatsApp's business platform making WhatsApp a default ticket confirmation channel for all its users.
Facebook Inc is gearing up to make money from WhatsApp, the messaging service used by more than a billion people every day.
After the read receipts feature on WhatsApp indicated by two blue tick marks, it now seems like a green badge with a single tick mark is going to be a feature every business owners will want to have.
WhatsApp for Android now supports 'Verified Business' accounts, indicated by a green tick, in the beta mode
In the latest update on the WABetaInfo, the WhatsApp beta for Android is supporting Verified Business accounts, which will see a green tick mark beside the profile.
The payments interface is a hidden feature in the WhatsApp beta so you can expect changes in the interface.
The source estimates that WhatsApp for Business could be active in about 4 months from now.
WhatsApp shows details of the number of Text,Images, Voice Messages and GIFs below the name of every conversation along with the amount of space taken by the different type of messages.
Brian Acton, co-founder of popular messaging app WhatsApp, today called on IT Minister Ravi Shankar Prasad to discuss ways in which the company can contribute to India's vision for digital commerce.
WhatsApp for Business is said to be a separate app that will give small business owners better control over their conversations and engage with a larger groups of users.
WhatsApp has started releasing rapid feature additions to the beta version of the app for iOS and Android. After adding the ability to revoke the messages as reported on Wednesday, the company added the ability to edit the sent messages.
WhatsApp is working on the ability to allow users to 'revoke' messages using a 'revoke' function. Currently, the functionality has been spotted in the internal beta version of iOS.