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Vijay Shekhar Sharma

Paytm to focus on merchant services in overseas foray, expects to be profitable by June

The company has set up three overseas step-down subsidiaries of Paytm Cloud Technologies in the United Arab Emirates, Saudi Arabia and SingaporeNew Delhi: Fintech firm One97 Communications, which owns the Paytm brand, will primarily focus on financial services for...

Evenflow raises undisclosed bridge round, readying for IPO in 2027

The new funds will be used to expand operations and grow all seven acquired homegrown brands. New Delhi: House of Brands Evenflow has raised an undisclosed amount in a bridge round from serial entrepreneur Shail Patel and some existing investors...

Paytm unveils Made-in-India soundboxes for UPI and credit card on UPI payments

Paytm founder and CEO Vijay Shekhar Sharma said that the advanced soundboxes offer better sound quality and battery lifeNew Delhi: Paytm on Monday launched two Made-in-India soundboxes for UPI and credit card on UPI payments.Paytm founder and CEO Vijay...

Paytm, Paytm Payments Bank to discontinue inter-company pacts to reduce dependencies

The move assumes significance as Paytm Payments Bank Limited (PPBL) is under the RBI's lens over persistent non-compliance and continued material supervisory concernsNew Delhi: Amid RBI's action on its associate firm, One 97 Communications on Friday said the board has...

Paytm Payments Bank’s independent director resigns from board

The RBI on January 31 directed the Paytm Payments Bank to stop accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29New Delhi: Paytm Payments Bank independent director Manju Agarwal is learnt to have...

Paytm sees Rs 300-500 crore blow with disruption of Payments Bank services

The central bank on Wednesday barred PPBL from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024New Delhi: Fintech firm Paytm sees an impact of Rs 300-500 crore on...

Paytm to bring 10 million merchants on ONDC: Vijay Shekhar Sharma

Sharma said that the company has seen close to 11.8 million customers routed to its product from the ONDC platformNew Delhi: One97 Communications, which owns digital payment brand Paytm, plans to bring 10 million merchants by 2025 on the...

20% Paytm staff to continue WFH post-pandemic, hiring from smaller towns to increase

Paytm has doubled down on its efforts to hire staff from smaller towns and allow them to continue working from those locations even after the pandemic situation eases, founder Vijay Shekhar Sharma said. "We figured out that we could now recruit from cities...

Paytm Mall moves ops from Noida to Bengaluru, to hire 300

E-commerce platform Paytm Mall, owned by Paytm E-commerce Private Ltd, on Monday announced to move its operations from Noida to Bengaluru and hire over 300 new members for product and technology roles. The company also appointed Abhishek Rajan as Chief...

‘Paytm Mall biz to break even in a year’

Paytm founder Vijay Shekhar Sharma on Monday said he expects Paytm Mall - the company's e-commerce unit - to break even in a year's time. Sharma maintained that Paytm will consider getting listed on stock exchanges only after 2021...
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Tier-2 cities: A new frontier for luxury retail growth in 2025

Once overlooked in favour of metropolitan hubs, these smaller urban centres are now capturing the attention of global and...
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