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Funding is no longer a major issue for startups in India: Paytm’s Vijay Shekhar Sharma
Economic Times
·
3m ago
Medial
Vijay Shekhar Sharma, CEO of Paytm, stated that funding is no longer a significant issue for Indian startups, with capital availability improving. Speaking at the TIE Delhi-NCR summit, Sharma highlighted that India’s startup ecosystem is recovering from the 2023 funding slowdown. He noted a shift, with startups actively recruiting talent domestically. Sharma emphasized the role of AI in democratizing knowledge and urged Indian startups to innovate beyond delivery platforms into sectors like AI and robotics.
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Pledged My Shares to Fund Paytm When SoftBank Money Went to Snapdeal: Vijay Shekhar Sharma
OutlookIndia
·
2m ago
Medial
Vijay Shekhar Sharma, the founder of Paytm, revealed that in December 2014, he had to pledge his personal shares to keep the company afloat after SoftBank's Masayoshi Son chose to fund Snapdeal instead of Paytm. Despite funding challenges at that time, Sharma was committed to digitizing payments in India. He emphasized that securing startup funding in India is no longer a major hurdle and urged entrepreneurs to persevere with their innovative ideas.
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Paytm now has more than a million shareholders in India: CEO
Inshorts
·
1y ago
Medial
CEO Vijay Shekhar Sharma said Paytm now has more than a million shareholders across India. Paytm's present share price of ₹866 is nowhere close to the issue price of ₹2,150. However, its stock has jumped over 97% from 52-week low of ₹438.35 in November 2022. "Our mission is to serve half a billion Indians...When Paytm grows, India grows," Sharma stated.
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India Must Settle for Being the AI Use Case Capital, Says Vijay Shekhar Sharma – Outlook Business
OutlookIndia
·
1m ago
Medial
India must now settle for becoming the “use case capital” of AI rather than its creator, as per Paytm founder Vijay Shekhar Sharma. India’s ambition to build foundational AI may no longer be realistic, he added, pointing to the high entry costs and lack of global infrastructure.
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Paytm CEO Vijay Shekhar Sharma gets scam texts from 'Vijay Shekhar Sharma', shares pics
Inshorts
·
2m ago
Medial
Paytm CEO Vijay Shekhar Sharma shared pictures of text messages he got from a scammer who was posing as 'Vijay Shekhar Sharma', saying, "Impersonating myself to me." In the messages, the scammer asked Vijay if he was in office and asked him to send a file to finance department. "Vijay speaking to Vijay. Madness of multiverse," an X user said.
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Paytm unveils Made-in-India soundboxes for UPI and credit card on UPI payments
Economic Times
·
1y ago
Medial
Paytm has introduced two Made-in-India soundboxes for UPI and credit card on UPI payments. These advanced soundboxes are designed to offer better sound quality and longer battery life, making them more suitable for Indian conditions. Paytm's CEO Vijay Shekhar Sharma stated that these hybrid soundboxes were developed in response to the high-noise environment in India. He described them as "legitimate India innovations."
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Paytm Payments Bank ropes in Sheroes CEO to board of directors
Entrackr
·
1y ago
Medial
Paytm Payments Bank has appointed Sairee Chahal (co-founder & CEO of women-focused community platform Sheroes) to its board of directors. The company will benefit from Chahal’s expertise and experience of customer service ecosystem. In November 2018, Paytm had collaborated with Sheroes to roll out a women-only social community platform that allows them to engage in topics including health, careers, relationships and hobbies. Paytm’s CEO Vijay Shekhar Sharma is an investor in Sheroes. (Source)
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Govt mainstreamed startups; used to be at the bottom of food chain: Paytm's Vijay Shekhar Sharma
Economic Times
·
1y ago
Medial
Paytm founder Vijay Shekhar Sharma spoke at the 7th JIIF Foundation day, highlighting the government's support for startups which has led to a golden period for them in India. Sharma stated that this shift is a dramatic difference from when startups were at the bottom of the job chain. He encouraged entrepreneurs to leverage technology and innovation during this time of opportunity. Sharma also discussed Indian IPOs and the importance of understanding the sentiments of domestic investors. He further emphasized the growth potential of the financial services market in India and the role of mobile payments in facilitating access to credit for micro and small businesses.
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Vijay Shekhar Sharma steps down from Paytm Payments Bank's Board
Inshorts
·
1y ago
Medial
Vijay Shekhar Sharma has stepped down from the Board of Paytm Payments Bank Ltd (PPBL) and will no longer be its part-time non-executive chairman as it reconstitutes its Board. For the newly constituted board, PPBL has opted for only independent and executive directors. The new board members are Srinivasan Sridhar, Debendranath Sarangi, Ashok Kumar Garg, and Rajni Sekhri Sibal.
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Pepul Looks To Capitalise On Its Social Media Network With $4 Mn Infusion
Inc42
·
1y ago
Medial
Indian social media startup, Pepul, has secured $1.5 million in seed funding from multiple investors, including Hourglass Venture, Girish Mathrubootham from Freshworks, and Vijay Shekhar Sharma from Paytm. Founded in 2020 by Gunasekaran, Pepul is a social media platform that implements a KYC system for user verification. This latest funding brings Pepul's total raised funds to $5.5 million.
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Fresh Trouble For Paytm As SEBI Issues Show Cause Notices Alleging Fact Misrepresentation During IPO
Inc42
·
11m ago
Medial
Paytm founder Vijay Shekhar Sharma is reportedly facing investigation by the Securities and Exchange Board of India (SEBI) for alleged non-compliance with promoter classification norms. The probe has been initiated based on information from the Reserve Bank of India (RBI). Paytm has not responded to queries regarding these developments.
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