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News on Medial
Paytm Senior VP Praveen Sharma quits to pursue other opportunities
Inshorts
·
1y ago
Medial
Paytm Senior Vice President Praveen Sharma has quit the fintech startup to pursue other opportunities, Paytm said in an exchange filing. Praveen, who tendered his resignation to CEO Vijay Shekhar Sharma on Saturday, will work with Paytm till Sunday (March 31). "I had a wonderful stint here," said Praveen, who has worked at Paytm since September 2019.
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Paytm denies layoffs, says Senior Vice President Praveen Sharma has resigned
Livemint
·
1y ago
Medial
Praveen Sharma, Senior Vice President - Business at Paytm, has resigned to pursue other opportunities. Paytm has refuted reports of significant workforce reductions, stating that they are engaged in routine performance evaluations and role alignments. The company emphasized its commitment to growth and operational efficiency without compromising workforce stability. Paytm aims to remain a leader in the digital payments and financial services landscape in India.
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Paytm refutes layoff reports as SVP Praveen Sharma steps down
Economic Times
·
1y ago
Medial
One97 Communications, which owns Paytm, announced that Praveen Sharma, Senior Vice President - Business, has resigned from his position. Sharma is leaving to pursue new opportunities. Paytm also denied reports of a 25-50% reduction in workforce, stating that such claims are baseless and that they are currently in the process of annual appraisals. The company reaffirmed its commitment to growth and operational efficiency. Paytm remains dedicated to leading the digital payments and financial services industry in India.
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Surinder Chawla resigns as CEO of Paytm Payments Bank
Inshorts
·
1y ago
Medial
Surinder Chawla has resigned from the post of Managing Director and CEO at Paytm Payments Bank Limited (PPBL), citing personal reasons and career advancement. His resignation will be effective on June 26, 2024. Chawla's exit follows Praveen Sharma's resignation as Senior Vice President at Paytm last month, citing his interest in pursuing other opportunities.
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Zomato Cofounder, CPO Akriti Chopra Quits
Inc42
·
10m ago
Medial
Akriti Chopra has recently resigned from her position at Zomato, according to the company. She held a senior management role and decided to leave to pursue other opportunities. Chopra was promoted to cofounder of the foodtech company earlier this year, coinciding with Zomato's preparations for its initial public offering (IPO).
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Paytm Senior VP Praveen Sharma Resigns To Pursue ‘Other Opportunities’
Inc42
·
1y ago
Medial
Praveen Sharma, senior vice president of business at Paytm's parent company One 97 Communications, has resigned after over four years. His resignation comes shortly after Paytm founder Vijay Shekhar Sharma stepped down from the board of Paytm Payments Bank. Paytm is also planning to transfer its point of sale (PoS) terminals to RBL Bank. In January, the RBI issued a directive that prevented Paytm Payments Bank from carrying out certain transactions. Since then, Paytm shares have plummeted and several mutual funds have divested their holdings in the company.
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Swiggy’s long-time product head Anuj Rathi quits
Economic Times
·
1y ago
Medial
Rathi was one of the senior-most product leaders in the firm, having joined it in 2016 as vice president (VP), revenue and growth. Prior to joining Swiggy in 2016, the IIT- Kanpur alumni had worked with Flipkart, Snapdeal and Walmart, in product management, omnichannel commerce, revenue and growth.
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Wipro veteran quits for CEO role at smaller firm
Livemint
·
7m ago
Medial
Srini Rajamani, a senior executive at Wipro Ltd responsible for life sciences and consumer businesses, has resigned to become CEO of Opus Technologies, a U.S.-based fintech firm. His exit marks another leadership departure from Wipro, following other senior executives leaving for various opportunities. Rajamani's move highlights a trend in the IT industry, where leaders are attracted to smaller firms for agility and growth potential, driven by factors like direct impact and financial incentives.
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Vijay Shekhar Sharma Quits Paytm Payments Bank’s Board
Inc42
·
1y ago
Medial
Paytm founder and CEO, Vijay Shekhar Sharma, has resigned from the board of Paytm Payments Bank as part-time non-executive chairman. Paytm Payments Bank has reconstituted its board and made four new appointments, including former Central Bank of India chairman Srinivasan Sridhar and retired IAS officer Debendranath Sarangi. The company is in the process of appointing a new chairman for the payments bank. Paytm said the new appointments will help enhance governance structures and operational standards.
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Zomato's global finance head Hemal Jain quits
YourStory
·
7m ago
Medial
Zomato's global finance head, Hemal Jain, will be leaving the company by the end of January 2025 to pursue other opportunities. Jain, who has been with Zomato for six years, served as the global head of finance and CFO of Hyperpure. During his tenure, Jain played a significant role in financing Zomato's largest acquisition of Blinkit. Additionally, he focused on cost optimization and profitability enhancement, leading the company from a high monthly burn to organizational profitability. Jain's departure follows the resignation of Zomato's co-founder and chief people officer, Akriti Chopra, in September 2024.
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Paytm CEO Vijay Shekhar Sharma meets FM Sitharaman
Inshorts
·
1y ago
Medial
Paytm CEO Vijay Shekhar Sharma met Finance Minister Nirmala Sitharaman on Tuesday, ANI reported quoting sources. They reportedly discussed the recent curbs imposed by the Reserve Bank of India (RBI) on Paytm Payments Bank. It was earlier reported that Sharma and other Paytm executives met the RBI officials on Monday and discussed a roadmap to address the regulatory concerns.
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