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Inside Paytm’s Big Reset: CEO Vijay Shekhar Sharma Takes Charge Of Key Verticals As Leaders Exit

Inc42 · 1y

Paytm, the Indian fintech giant, is undergoing a major restructuring amid a wave of top leadership exits. CEO Vijay Shekhar Sharma will take charge of key verticals and work directly with new leadership. Several business heads, including those focused on UPI, merchant payments, and consumer payments, have recently resigned. The changes come as Paytm faces compliance issues and the Reserve Bank of India's restrictions on its payments bank. CEO Sharma aims to strengthen the company's leadership, reinvigorate its approach, and address regulatory compliance concerns. Paytm is expected to disclose its financial performance at the end of May.