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Paytm to focus on core business, deliver profitability soon: CEO Vijay Shekhar Sharma at AGM

Sep 12, 2024, at 08:02 pm

New Delhi/IBNS: Vijay Shekhar Sharma, the founder and chief executive officer (CEO) of Paytm, on Thursday (Sept. 12) said the fintech company will focus on its core business of payments and cross-selling financial services as it works to achieve "profitability soon".

Paytm, Adani Group quash report claiming Gautam Adani stake talks with Vijay Shekhar Sharma

May 29, 2024, at 06:04 pm

New Delhi/IBNS: Both Adani Group and Paytm on Wednesday dismissed recent media reports claiming Gautam Adani was likely in talks with Vijay Shekhar Sharma, the founder chairman and managing director of Paytm's parent company One97 Communications, to acquire stake in the Indian fintech major.

Paytm CEO expects near-term financial impact due to disruptions in Q4, hints at AI-driven job cuts

May 23, 2024, at 05:43 pm

New Delhi/IBNS: Hinting at the likelihood of Artificial Intelligence (AI)-driven layoffs in the future, Paytm CEO Vijay Shekhar Sharma, in a letter to shareholders on Wednesday (May 22), said that the fintech company will focus on its core businesses and improve cost efficiencies to create a leaner organization.

Paytm CBOs Bipin Kaul, Ajay Singh resign as company takes up restructuring: Report

May 07, 2024, at 09:37 pm

Noida: Ahead of Paytm’s announcement of its yearly and fourth-quarter financial results later this month, two senior officials have stepped down, adding to a growing trend of top-level departures at the Noida-based mobile payments company, media reported.

Vijay Shekhar Sharma steps down from Paytm payments bank board amid crisis

Feb 27, 2024, at 04:55 am

Paytm Monday informed that Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit.

Paytm won't need funding in the near future: CEO Madhur Deora

Sep 13, 2023, at 08:15 am

Mumbai: Fintech company Paytm has said that it will not need funding in the near future as the firm has a cash balance of Rs 8,300 crore and it is confident of becoming sustainable due to the free cash flow, media reports said.

Sahreholders reappoint Vijay Shekhar Sharma to head Paytm for 5 more yrs

Aug 22, 2022, at 02:22 am

Vijay Shekhar Sharma has been once again appointed the Managing Director and Chief Executive Officer of Paytm as 99.67 percent of shareholders voted in favour of him.

Vijay Shekhar Sharma reappointed MD & CEO of Paytm

May 22, 2022, at 08:20 pm

Paytm founder Vijay Shekhar Sharma has been reappointed MD and CEO of the fintech company for five years, the company said in informed the exchanges on Saturday.

We believe in tons of people making money: Vijay Shekhar Sharma on setting lower price band for Paytm's IPO

Oct 28, 2021, at 11:29 pm

Bengaluru/UNI: Paytm CEO Vijay Shekhar Sharma Thursday said the company set a lower price band for its IPO because the company believes in tons of people making money by investing in it.