Vijay Shekhar Sharma, MD, Paytm, says economic growth will be reaching every nook and corner and every village and place and that should be the priority. “That is what I believe the next government should be focused on,” he says.How has been the overall experience in terms of carrying out your business, the last government … Read more
Shares of the crisis-ridden One 97 Communications, which runs Paytm, was back on the losing road on Thursday as the two-day ‘buy the dip’ rally fizzled out, taking the stock back to 10% lower circuit limit at Rs 447 on BSE. Fresh comments from RBI officials that the action against Paytm was taken after persistent … Read more
One 97 Communications’ founder and Chief Executive Officer (CEO) Vijay Shekhar Sharma has become the company’s sole significant beneficial owner (SBO) following a reduction in the shareholding of AntFin from an earlier 23.79% stake to 9.90%. Sharma now holds 19.42% stake in the Paytm operator. The 19.42% stake in Paytm is by virtue of Sharma … Read more
Shares of fintech One 97 Communications, which runs the payments platform Paytm, jumped 11.6% to Rs 887 in Monday’s trade on BSE after the company’s boss Vijay Shekhar Sharma entered into an agreement with Ant Financial to buy its 10.30% stake in One97 Communications. Sharma, who is the Founder and Chief Executive Officer of One … Read more
“Well, I would not generalise the issues to a start-up ecosystem. I will say that find a pattern, figure out what the pattern is. So let us not take, that we live in Delhi, and Delhi has a label of bad city, but that is not true,” says Vijay Shekhar Sharma, CEO, Paytm.What have been … Read more
New Delhi: Shares of , the parent company of , rallied as much as 4 per cent during the early trade on Monday as the shareholders gave nod for the re-appointment of Vijay Shekhar Sharma. Shareholders of the fintech firm have approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer … Read more
The billionaire founder of Paytm faces a crucial test of investor confidence Friday, when shareholders will decide whether they want him at the helm of a fintech pioneer that made one of the worst debuts in Indian history. Vijay Shekhar Sharma’s role as the chief executive officer is among the items to be voted on … Read more
Last winter, when billionaire Vijay Shekhar Sharma broke into tears while launching IPO at the BSE Towers in Mumbai, it was evident how important the journey to Dalal Street was for the fintech founder. Even though many successful startups like Zoho and Zerodha have chosen to remain bootstrapped, several other unicorns have either launched their … Read more
New Delhi: Shares of One97 Communications, the parent company of Paytm, surged over 4 per cent after the company announced its operating performance for the last quarter of the financial year 2021-22. Vijay Shekhar Sharma, CEO of Paytm, said he expects operating EBITDA breakeven in the next 6 quarters. Meanwhile, the company told exchanges it … Read more
Mumbai: Digital payments firm Paytm’s shareholders on Monday approved a resolution for the company to raise Rs 12,000 crore in fresh shares through an initial public offering (IPO), according to sources close to the company. This makes the public listing of India’s second most valued startup all but official. The Noida-based fintech firm is now … Read more