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Paytm: India's startup rockstar, Paytm CEO Vijay Shekhar Sharma, battles regulatory crisis

Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm s valuation after India s central bank ordered his banking arm to stop most of it operations from March 1 for "persistent non-compliances" and "supervisory concerns". ....

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Paytm Payments Bank: India's startup rockstar, Paytm CEO Sharma, battles regulatory crisis

Vijay Shekhar Sharma, India s startup king, faces a crisis as investors plunder Paytm s valuation due to regulatory action by the central bank, threatening significant business disruptions. Sharma aims to restore investor confidence and keep operations running. Paytm s valuation has crashed after its IPO, and analysts say the company needs to restore credibility. Sharma s ambitions and the demonetisation move in 2016 transformed Paytm into India s premier digital payments platform. Despite the challenges, Sharma remains undeterred and committed to serving the nation. The future of Paytm s expansion plans and customer retention are uncertain due to the regulatory roadblock. ....

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India's startup rockstar, Paytm CEO Sharma, battles regulatory crisis

By Haripriya Suresh, VarunVyas Hebbalalu and Aditya Kalra BENGALURU/NEW DELHI (Reuters) -A rags-to-riches tale, Vijay Shekhar Sharma is no stranger to . ....

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India's startup rockstar, Paytm CEO Sharma, battles regulatory crisis

A rags-to-riches tale, Vijay Shekhar Sharma is no stranger to controversy. ....

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India's Paytm stock crashes for second day on RBI order, CEO seeks to reassure

India's Paytm stock crashes for second day on RBI order, CEO seeks to reassure
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