Vijay Shekhar Sharma will also not accept any fresh ESOPs from any listed company for a period of 3 years from the date of the settlement order issued on May 8, 2025.
Bansal admitted that his exit from Flipkart in 2018, following the company’s $16 billion acquisition by Walmart, was neither anticipated nor desired.
The company’s ubiquitous soundbox and lending platform under the direct selling agent model is expected to scale up rapidly. Most analysts believe that the worst is behind the fintech
Vijay Shekhar Sharma's comments came after Prime Minister Modi on Saturday promised to clean the river.
The attendees included prominent startup ecosystem figures like Paytm’s Vijay Shekhar Sharma, Unacademy’s Gaurav Munjal, Fractal’s Srikanth Velamakanni, Ixigo’s Aloke Bajpai, HeathifyMe’s Tushar Vashisht, and Aakrit Vaish - advisor to the India AI Mission
A note by Bernstein called the development unfavourable, given that Paytm has yet to achieve profitability in the home market. Expanding into newer markets raises concerns about the company's strategic focus, which has been a key attraction, said Bernstein.
In a video shared by Tesla, EVs were seen autonomously driving from the factory to their designated loading dock lanes without any human interference.
Sharma added that he is not unduly worried about the loss of UPI market share, as the company's revenue is driven by only 6-7 lakh users that avail its services.
In an exchange filing on January 20, along with its quarterly earnings, Paytm said it is looking to deploy and monetize its stack of software and services internationally.
Responding to the Paytm chief's post on X, several other users shared that they too were facing similar struggles with their iPhones.
The settlement order was passed on January 17
The trend of getting content created by AI tools has also given birth to AI slop or internet spam -- low-quality text, videos, and images generated by AI. In fact, more than 54 percent of longer English-language posts on LinkedIn are likely to be generated by AI tools.
Vijay Shekhar Sharma, however, found himself facing backlash on social media for his post on Ratan Tata. The phrase 'Ok Tata Bye Bye' was seen by many as inappropriate and disrespectful, prompting a swift criticism online.
Sharma's statement comes against the backdrop of market regulator SEBI issuing show cause notices to him and other board members of Paytm over alleged misrepresentation of facts during IPO and non-compliance of classification norms.
Our commitment is now to focus on PAT, reflecting our drive towards true profitability, said Vijay Shekhar Sharma.
Paytm founder and CEO Vijay Shekhar Sharma made the comment after observing the difference in the results produced by both ChatGPT and Perplexity when asked the same question.
In 2024 so far, Paytm stock has dropped 18.17 percent as per BSE. In the last one year, it gave negative returns of 41.20 percent.
The notices pertain to Sharma’s alleged non-compliance with promoter classification norms. The probe was initiated based on inputs from the RBI, which had examined Paytm Payments Bank
The dog food recycling box in Istanbul that inspired the Paytm founder was created by Engin Girgin in collaboration with Pugedon. Set up in public places, these 'vending machines' offer stray dogs food and water in exchange of plastics and cans for recycling.
The message was paired with an image of Deepinder Goyal, labelled as "Company Pramukh," and smaller photos of other officials. The ad concluded with a special offer inviting Zomato customers to join the celebrations by purchasing Zomato Gold for Rs 30 for six months.
Paytm is facing challenging times following stringent regulatory measures imposed on its associate company, Paytm Payments Bank Limited (PPBL), by the Reserve Bank of India (RBI).
"I have a personal ambition to make a $100 billion Indian company. Going public is like marriage. Listing brings far different and more responsibility, which is necessary," Vijay Shekhar Sharma said.
With curtains on its popular mobile wallet product, Paytm’s gross merchandise value will be mostly dependent on UPI, which seems to be recovering in May, earlier than expected
Besides former names like Renu Satti and Kiran Vasireddy, Paytm is engaging with senior bankers to lead its high-growth lending vertical. Per sources, the company has approached IndusInd Bank’s Sai Giridhar for a potential partnership
In response to rumours that Adani Group chairman Gautam Adani is thinking of buying stock in Paytm's parent business, One97 Communications provides clarification. The business emphasises compliance with SEBI requirements and underlines that no conversations are ongoing.