Vijay Shekhar Sharma: News
Paytm isn't just fintech anymore. It's going AI-first
Paytm's founder, Vijay Shekhar Sharma, has announced his vision of transforming the company into an "AI-first" organization.
Paytm lets you invest in SBI MF with just ₹250
In a major move, Paytm, one of the leading payments and financial services companies, has partnered with SBI Mutual Fund, India's largest asset management firm.
Paytm app now offers AI search with Perplexity partnership
Indian fintech giant Paytm has announced its partnership with artificial intelligence (AI) start-up Perplexity.
Paytm's new UPI soundbox uses sunlight for charging
Paytm has launched a new solar-powered payment soundbox, a revolutionary device in India's digital payment arena.
Paytm to become profitable next quarter: Vijay Shekhar Sharma
Paytm's Founder and CEO, Vijay Shekhar Sharma, has announced that the digital payments company is on track to become profitable in the next quarter.
'Impressed': Tech entrepreneurs praise Blinkit for its 10-minute ambulance service
Blinkit, known for its lightning-fast grocery delivery services, has now entered the healthcare space by introducing a 10-minute ambulance service in Gurugram.
Paytm founder pledges profitability and regulatory compliance at AGM
Paytm's founder, Vijay Shekhar Sharma, has emphasized the company's commitment to achieving profitability and meeting regulatory compliance during its Annual General Meeting (AGM) on Thursday.
SEBI issues notices to Paytm founder, directors over IPO violations
The Securities and Exchange Board of India (SEBI) has served show-cause notices to Vijay Shekhar Sharma, the founder of One 97 Communications Ltd (Paytm's parent company), and several board members.
Health check-up expenses got you worried? Try Paytm's new insurance
Digital payments giant Paytm has unveiled a new health insurance policy, "Paytm|Health Insurance," which extends its coverage to regular healthcare services.
Paytm lays off more employees amid restructuring efforts
One97 Communications, the parent company of the fintech giant Paytm, has announced another reduction in its workforce as part of a company-wide restructuring plan.
Gautam Adani discusses Paytm stake purchase with Vijay Shekhar Sharma
Gautam Adani, chairman of the Adani Group, is in talks with Vijay Shekhar Sharma, founder and CEO of Paytm, to acquire a stake in One 97 Communications, the parent company of Paytm.
Paytm considers job cuts as losses mount after RBI clampdown
Paytm, a prominent fintech firm in India, is planning to streamline its operations and concentrate on core businesses, as revealed by CEO Vijay Shekhar Sharma in a recent shareholder letter.
Paytm shares plunge 5% as COO Bhavesh Gupta resigns
One 97 Communications Ltd., the parent company of Paytm, witnessed a significant 5% drop in share prices on Monday.
Paytm President Bhavesh Gupta steps down ahead of Q4 results
Bhavesh Gupta, the President and Chief Operating Officer (COO) of mobile payments giant Paytm, has resigned due to personal reasons.
Paytm Payments Bank's CEO steps down amid company restructuring
Surinder Chawla, the CEO of Paytm Payments Bank, has announced his resignation effective June 26.
Paytm's parent company considers job cuts across departments
One 97 Communications, the parent company of fintech unicorn Paytm, is reportedly planning to reduce its workforce across various departments.
Finance Ministry imposes Rs. 5.49cr fine on Paytm Payments Bank
India's Financial Intelligence Unit (FIU) has slapped Paytm Payments Bank, Paytm's banking division, with a hefty penalty of Rs. 5.49 crore for failing to report illegal monetary transactions through its accounts.
Paytm delinked from its payment bank: Here's what it means
The board of directors at Paytm has approved the decision to discontinue inter-company agreements with Paytm Payments Bank Limited (PPBL).
SoftBank reduces stake in crisis-hit Paytm to less than 3%
SoftBank has reduced its stake in Paytm, now holding only 2.83% compared to 5.01% previously, as reported in a recent exchange filing.
Paytm shares up 5% again: What's fueling the rally
Paytm's stock saw another 5% boost today following the resignation of its founder, Vijay Shekhar Sharma, as chairperson and board member of crisis-hit Paytm Payments Bank Ltd (PPBL).
Vijay Shekhar Sharma steps down as Paytm Payments Bank chairman
Paytm founder Vijay Shekhar Sharma on Monday resigned as a part-time non-executive chairman of Paytm Payments Bank Limited (PPBL).
Paytm Payments Bank faces uncertain future as RBI denies concessions
There seems to be no respite for Paytm Payments Bank Limited (PPBL) as the Reserve Bank of India (RBI) has denied any concessions, including transferring accounts to other banks or extending the deadline past February 29, 2024.
Paytm shares continue to crash, down 42% in 3 sessions
Paytm's stock has taken a significant hit, plummeting over 42% in just three sessions since the Reserve Bank of India (RBI) imposed restrictions on its banking unit.
Paytm surpasses 10 crore monthly active users
Fintech giant Paytm recently announced that it has surpassed 10 crore monthly active users by December 2023.
Paytm founder launches investment fund for AI, EV start-ups
Paytm's founder and CEO Vijay Shekhar Sharma has announced a SEBI-approved, Category II Alternate Investment Fund (AIF) named 'VSS Investments Fund.'
No more cash burn at Paytm: CEO Vijay Shekhar Sharma
Paytm is done with cash burn in the business, said CEO Vijay Shekhar Sharma. Speaking at Business Standard BFSI Insight Summit event, he added that the company is already making great strides in controlling spending.
Paytm founder granted bail after arrest for hitting DCP's car
Paytm founder and CEO Vijay Shekhar Sharma was arrested last month and released on bail, reports said on Sunday.
Paytm debuts on NSE, BSE: Find all key details here
Today, the financial sector is clamoring about India's biggest initial public offering (IPO). Mobile payment platform Paytm's parent firm, One97 Communications, will debut on Dalal Street.
Paytm to host app developers conference on October 8
Indian payments decacorn Paytm is gearing up to take on the dominance of Google.
Paytm raises another $669.5 million from existing investors
Just a couple of weeks after raising a whopping $1 billion, One97 Communications, the parent of digital payments giant Paytm, has raised $669.5 million (roughly Rs. 4,724 crore) in another round of funding.
Paytm raises $1 billion, becomes most valued Indian start-up
One97 Communications, a Noida-based company that owns digital payments platform Paytm, has raised around $1 billion in a recent funding round.
Paytm Payments Bank back in business after RBI nod
After six months of inactivity, Paytm Payments Bank (PPB) has started adding new customers following a clearance by the Reserve Bank of India (RBI).
Here's why RBI stopped Paytm bank from enrolling new customers
Although Paytm got off to a good start with its payments bank initiative, opening of new bank accounts and e-wallets abruptly came to a halt in August this year, thanks to the Reserve Bank of India (RBI).
In an unforeseen twist, Paytm secretary claims she was extorted
In what can only be called an unforeseen twist in the extortion case involving Paytm employees and CEO Vijay Shekhar Sharma, the mastermind of the extortion plot has claimed to be a victim of extortion herself.
Paytm CEO's secretary arrested for blackmailing him for Rs. 20crore
Two senior Paytm employees and their accomplice have been arrested by the Noida police for allegedly stealing personal and confidential information from Paytm founder and CEO Vijay Shekhar Sharma, and blackmailing the entrepreneur.
5 exclusive features that Paytm offers
Paytm was founded by Vijay Shekhar Sharma in August 2010; it is based out of Noida.
India's youngest billionaire slammed for Rs. 10,000 donation for flood-victims
With several avenues now open for providing financial help to flood victims in Kerala, several industrialists, politicians, celebrities, and the like, along with normal citizens, have started contributing.
5 financial services offered by Paytm you should know about
Paytm is Noida-based E-commerce start-up that mainstreamed digital wallets in India, and helped us get rid of the unnecessary hassle of making cash payments.
You may get WhatsApp payment feature next week
Earlier in February, WhatsApp did an initial roll-out of its payment feature in India which allows users to send and receive money through the chat app.
200 Paytm employees including office boy become millionaires after stock-sale
About 200 former and current Paytm employees have become millionaires after selling their stocks in the company worth Rs. 500cr.
Paytm now lets you borrow interest-free credit! Here's how.
Paytm has been expanding its range of services tremendously, and there's another new product in store.
Now you can send, receive money using BHIM-UPI on Paytm
After introducing Paytm "Inbox" in-app messaging feature, the Indian digital payments leader has now launched yet another exciting feature.
Paytm Payments Bank incurred Rs. 30cr loss in 7 months
In its regulatory filing to Registrar of Companies (RoC), Paytm Payments Bank informed that in the time period between August 2016 and March 31, 2017, it has incurred losses of Rs. 30.7 crore.
Paytm looking to become a full-service bank through partnerships
Paytm's rise to prominence during the demonetization-phase fuelled its ambition to get into the banking business.
Narendra Modi will meet 200 start-up entrepreneurs to discuss ideas
Prime Minister Narendra Modi will be meeting the 'champions of change', who have set up successful businesses from the grounds up, today at a session organized by federal policy think tank NITI Aayog.
CEOs: Deciphering the enigma and busting the boardroom's myths
It's a thinking-out-loud kind of a situation. What makes a CEO tick?
Paytm, Hong Kong-based AGTech Media to develop games jointly
One97 Communications-owned digital payments giant Paytm inked a joint venture deal with Hong Kong's lottery company AGTech Media, a wholly-owned subsidiary of AGTech Holdings.
Paytm founder Vijay Shekhar's new Lutyens' zone acquisition
Paytm founder Vijay Shekhar Sharma has a new property: 6,000-sq-ft residential premises worth Rs. 82cr at New Delhi's coveted Lutyens' zone, one of India's most expensive locations.
Going cashless to support "Digital India"
Indians are more accustomed to having money in their physical wallets than a digital one.
Flipkart's Sachin Bansal eyes lobby group for start-ups
Flipkart's co-founder Sachin Bansal is eyeing the possibility of creating a lobby group for start-ups across the country.
Need to remove hurdles to achieve 8% sustainable growth
Speaking at the 32nd India Economic Summit, Commerce and Industry Minister Nirmala Sitharaman said Indian economy can achieve an 8% sustainable growth in the coming years.
Big Bazaar goes online with Future Group and Paytm Partnership
Retail company Future Group tied up with Paytm, an e-commerce mobile payment and commerce platform this month.