Paytm's president and COO, Bhavesh Gupta, resigns citing personal reasons. The company announces leadership changes and organizational restructuring for growth and compliance. Varun Sridhar to become CEO of Paytm Services and Rakesh Singh appointed as CEO of Paytm Money.
Paytm Money, the wealth management platform of One 97 Communication, has replaced chief executive Varun Sridhar, at the helm since 2020, with Rakesh Singh. Singh was the chief executive of broking services at Fisdom, a PayU-backed fintech.