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Vijay Shekhar Sharma to become largest shareholder in Paytm. Here's how

Sharma, who founded Paytm in August 2010, will now own a 19.3% stake in it.

Vijay Shekhar Sharma, Paytm Founder and CEO (File Photo)
Published on Aug 08, 2023 03:24 AM IST
PTI |

Vijay Shekhar Sharma enjoys local delicacies amid Mumbai rains

Paytm founder Vijay Shekhar Sharma is seen enjoying monsoon snacks at a cafe in Mumbai with entrepreneur Vishal Gondal in viral Twitter post.

Vijay Shekhar Sharma enjoys local delicacies amid Mumbai rains.(Twitter/@Vishal Gondal )
Published on Jul 21, 2023 09:19 AM IST
ByVrinda Jain

Meet Soundarya, south India's first AI news presenter by Kannada news channel

The channel will also experiment with various news shows, featuring the new AI presenter, Soundarya.

Meet Soundarya, south India's first AI news presenter by Kannada news channel
Published on Jul 13, 2023 05:50 PM IST

Paytm founder on ‘superintelligent AI’: ‘Disempowerment of humanity’

In a blog post on July 5, OpenAI said super intelligence could arrive this decade.

Paytm founder and CEO Vijay Shekhar Sharma.(HT Photo)
Published on Jul 09, 2023 11:18 AM IST

Paytm CEO shares he has only read 2 books since high school

Paytm CEO Vijay Shekhar Sharma recently revealed that he is “really bad at reading books.” He also said he has only two books since high school.

Paytm founder Vijay Shekhar Sharma.
Published on Jun 14, 2023 12:15 PM IST
ByVrinda Jain

Paytm, SBI Card and NPCI unveil new RuPay credit card. See details

The Paytm SBI card customers can enjoy exclusive privileges worth up to ₹75,000 through a Paytm First membership.

Paytm CEO Vijay Shekhar Sharma launches Paytm SBI Card on RuPay network at an event in Mumbai on Thursday.
Published on May 18, 2023 07:53 PM IST

Paytm CEO big promise to shareholders on artificial intelligence

Paytm CEO Vijay Shekhar Sharma in a note to shareholders likened AI to smartphones 10 years ago. He made big promises to incorporate AI in the fintech company.

Paytm founder Vijay Shekhar Sharma is very hopeful of AI. (File)
Published on May 07, 2023 07:35 PM IST

Paytm's Vijay Sharma won't mind paying for this app

DigiYatra: The Ministry of Civil Aviation launched the DigiYatra service to make air travel contactless and hassle-free for flyers.

Mr. Vijay Shekhar Sharma, Paytm Founder
Published on Apr 21, 2023 06:10 PM IST

'A typical sight…': PM Modi tweets pic of tailor accepting payment via Paytm

India has had tremendous success with digital payments. UPI payments reached a record high of 12.82 lakh crore in December of last year. During the same month, 782 crore transactions were completed.

PM Modi tweeted photo showing a tailor using Paytm payments.(ANI/PIB)
Updated on Jan 24, 2023 04:14 PM IST
By | Edited by Aryan Prakash

Paytm’s 75% slump is world’s worst for large IPOs in a decade: Report

One 97 Communications Ltd., the operator of India’s largest digital-payments provider known as Paytm, has capped the worst first-year share plunge among large IPOs over the past decade -- and the pain is worsening.

Paytm shares crashed more than 27 per cent on the listing day on November 18.(Reuters Photo)
Published on Nov 24, 2022 01:37 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar

Vijay Shekhar Sharma reappointed as Paytm MD and CEO amid IPO slump

During the company's 22nd annual general meeting, the shareholders voted with 99.67 per cent majority in favour of Sharma's reappointment as the managing director and the CEO, Paytm said in a statement.

Paytm CEO Vijay Shekhar Sharma.(Hindustan Times)
Updated on Aug 21, 2022 04:54 PM IST
By | Edited by Aryan Prakash

‘We don’t influence…': Paytm CEO Vijay Shekhar Sharma on share price

Shareholders of One97 Communications Limited asked the management about the path to profitability and rebounding of share price to the IPO level of ₹2,150. The stock closed at ₹771 on Friday.

Paytm founder and CEO Vijay Shekhar Sharma.(HT Photo)
Published on Aug 20, 2022 10:39 AM IST
PTI |

Big test for Paytm's Vijay Shekhar Sharma after IPO flop; will he remain as CEO?

Paytm, the poster boy for India’s tech startups, has lost more than 60% of its value since its high-profile initial public offering in November as it has struggled to convince investors of its earnings potential.

Paytm founder and CEO Vijay Shekhar Sharma.(Reuters)
Published on Aug 19, 2022 12:16 PM IST
Bloomberg |

Vijay Shekhar Sharma reappointed as Paytm MD and CEO till December 2027

Vijay Shekhar Sharma, from the small central Indian town of Aligarh, founded One97 about two decades ago and won acclaim nationwide as a small-town-boy-made-big.

Paytm founder and CEO Vijay Shekhar Sharma.(Reuters)
Published on May 22, 2022 04:11 PM IST
Agencies | , New Delhi

Why Paytm shares crashed after IPO - CEO explains and gives projection

Shekhar Sharma the Founder and CEO of One97 Communications that operates under the brand Paytm, also said the company expects to be breakeven in terms of operating EBITDA in the next six quarters.

Paytm founder and CEO Vijay Shekhar Sharma.(Reuters)
Published on Apr 06, 2022 01:17 PM IST
PTI |

‘Reveal age without revealing age’ trend goes viral. People join in

Both Vijay Shekhar Sharma and Swara Bhasker took to Twitter to take part in the viral age-related online trend.

The image shows Vijay Shekhar Sharma and Swara Bhasker, both took part in the viral age-related online trend.(Ramesh Pathania/Mint File Photo & Instagram/@reallyswara)
Published on Jan 28, 2022 01:24 PM IST
ByTrisha Sengupta

Paytm's weak debut: Founder Vijay Sharma says 'no indicator of company's value'

Paytm stock registered a fall of over 27 per cent from the issue price of ₹2,150. It got listed at ₹1,955 and then ended the day at ₹1,564.

Paytm CEO Vijay Shekhar Sharma has street food from a roadside stall after listing ceremony of the company at Bombay Stock Exchange (BSE), in Mumbai on Thursday.(PTI Photo)
Published on Nov 19, 2021 06:07 AM IST
By | Written by Amit Chaturvedi, Hindustan Times, New Delhi

Paytm shares plunge 24% in market debut, business model questioned

Paytm, which also counts SoftBank among its backers, raised $2.5 billion in its initial public offering, of which $1.1 billion was from institutional investors.

Paytm founder and CEO Vijay Shekhar Sharma breaks down while delivering a speech during his company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India.(Reuters)
Published on Nov 18, 2021 11:44 AM IST
Reuters |

Paytm's Vijay Shekhar Sharma goes from 'ineligible' bachelor to billionaire

Paytm has become the toast of a new India, where the first-generation of the country's startups are making stellar stock market debuts and minting new millionaires.

Paytm founder and CEO Vijay Shekhar Sharma at a clubhouse of a residential building in New Delhi.(Reuters)
Published on Nov 18, 2021 10:01 AM IST
Reuters |

Harsh Goenka praise Paytm CEO Vijay Sharma, he shares humble reply

People shared varied comments while reacting to Harsh Goenka's post on Paytm CEO Vijay Sharm.

Harsh Goenka took to Twitter to share this image.(Twitter/@hvgoenka)
Published on Nov 09, 2021 07:06 PM IST
ByTrisha Sengupta

PayTM CEO Vijay Sharma visits Tirupati Temple in Andhra as firm’s IPO opens

At $2.46 billion ( ₹18.300 crore), PayTm IPO is expected to be the biggest in India. The feat was earlier set by Coal India in 2010 wherein the state-run company had collected ₹15,200 crore.

Founder and CEO of Paytm Vijay Shekhar Sharma.(Livemint)
Published on Nov 08, 2021 05:30 PM IST
Written by Sharangee Dutta, Hindustan Times, New Delhi

Paytm to raise 12K cr via fresh equity in IPO

Mint first reported on May 31 that Paytm was looking to raise $1-1.5 billion by selling new shares to qualified institutional buyers.

Among other proposals, Paytm founder Vijay Shekhar Sharma is expected to be declassified from his status as ‘promoter’.(Mint File Photo)
Published on Jun 19, 2021 05:54 AM IST
ByTarush Bhalla, Bengaluru

Paytm aims to support 1 million apps on Mini App Store

Paytm had said over 300 app-based service providers have already joined the programme, including the likes of Decathlon, Domino’s Pizza, FreshMenu, Netmeds, NoBroker, Ola, and more. These apps are expected to make their way to the Mini App Store soon.

Mini apps are a custom-built mobile website that gives users app-like experience without having to download them.(Mint)
Published on Oct 08, 2020 02:09 PM IST
New Delhi | ByPress Trust of India| Posted by Susmita Pakrasi

Is giving cashback gambling? Asks Paytm chief. All you need to know about Paytm row

When Google removed Paytm app, Paytm said it would remove the new cashback feature to abide by Google’s policies, though the feature didn’t violate any policy.

Paytm. however, maintained it didn’t flout any regulation of Google. Its newly launched gaming feature is not gambling.(REUTERS)
Updated on Sep 18, 2020 09:35 PM IST
Hindustan Times, new Delhi | Byhindustantimes.com | Edited by Poulomi Ghosh

‘May take 2 years to come out of red’, says Paytm founder Vijay Shekhar Sharma

In the last 12 months, Paytm has seen pre-tax losses cut - thanks to monetisation, and not reckless cost-cutting, he said, adding business like Paytm Payments Bank, commerce and cloud were already profitable, while Paytm FirstGames and Paytm Mall is “close to profitability”.

Vijay Shekhar Sharma Founder and CEO,Paytm(Ramesh Pathania/Mint File Photo)
Updated on Feb 23, 2020 07:54 PM IST
New Delhi | ByPress Trust of India

Paytm to start planning IPO in 22-24 months, says CEO Vijay Shekhar at HT-MintAsia Leadership Summit

Paytm’s parent company One97 Communications is India’s most valuable unicorn, or privately held startup with a valuation of $1 billion or more. Its backers include Masayoshi Son’s SoftBank Vision Fund, and Alibaba Group’s Ant Financial.

Vijay Shekhar Sharma, Founder and CEO of Paytm, during the ‘What it takes to be a global unicorn’ session at the Hindustan Times Mint-Asia Leadership Summit, in Singapore, on Friday(HT Photo)
Updated on Sep 06, 2019 03:44 PM IST
ByKristie Neo

BCCI awards title sponsorship rights to Paytm for five more years

The Board of Control for Cricket in India (BCCI) on Wednesday announced the deal with the Paytm, which had acquired the rights in 2015 for a four-year period.

The winning bid was at a price of INR 326.80 crores to be paid for 2019-23 home season(Getty Images)
Updated on Aug 21, 2019 06:50 PM IST
New Delhi | ByPTI

Paytm plans to cash in on Amazon’s India distress

The new regime forbids retailers from holding any business interest in online merchants on their websites, exclusive arrangements and deep discounts.

Paytm plans to cash in on Amazon’s India distress.(HT Mint)
Updated on Feb 16, 2019 06:25 PM IST
Bloomberg | BySaritha Rai

Paytm case: A tech billionaire and the bumbling blackmailers

Paytm vice president Sonia Dhawan and her husband, along with another Paytm employee, were arrested by local police in Noida for allegedly stealing startup founder Vijay Shekhar Sharma’s personal data so they could extort money.

Vijay Shekhar sharma founded One97 Communications, the parent company of Paytm, in 2000.(HT file photo)
Updated on Oct 31, 2018 11:46 AM IST
Bloomberg | BySaritha Rai

Paytm case: Family of accused says she had stocks worth 10 cr, why would she extort money

Accused woman’s mother says, “After Sharma, my daughter was the face of Paytm. Be it the launch of a new firm or scheme or receiving awards on behalf of Paytm, she was the chosen one and deserved every bit of it.”

Sonia Dhawan and the other accused in the case of alleged extortion from the Paytm founder being led away at a court on Tuesday.(Sunil Ghosh/Ht photo)
Updated on Oct 25, 2018 08:30 AM IST
New Delhi | ByShiv Sunny
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