🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Paytm appoints Rajeev Agarwal to board; Neeraj Arora resigns
Economic Times
·
1y ago
Medial
Former Sebi whole-time member Rajeev Krishnamuralilal Agarwal has been appointed as a non-executive independent director on the board of Paytm. This comes after the resignation of Neeraj Arora due to personal commitments. The appointment was approved at a board meeting held on June 17, 2024. Meanwhile, discussions are underway for Zomato to acquire Paytm's movies and event ticketing business.
View Source
Related News
Neeraj Arora steps down as Paytm's independent director
YourStory
·
1y ago
Medial
Neeraj Arora, independent director of Paytm, has resigned from the company's board citing personal commitments. Meanwhile, Rajeev Krishnamuralilal Agarwal, a former whole time member at SEBI, has been appointed as a non-executive independent director. This comes amid allegations of unfair layoff practices at Paytm. The company has been witnessing a decline in sales and has undergone restructuring, with several top-level employees, including Bhavesh Gupta, the former president and COO, leaving the company. Paytm plans to focus more on a distribution-only credit model temporarily due to macroeconomic conditions affecting repayments.
View Source
Uber appoints Palo Alto CEO Nikesh Arora to board
Economic Times
·
1m ago
Medial
Uber has appointed Nikesh Arora, CEO of Palo Alto Networks, to its board. He will serve on the Nominating and Governance Committee and Compensation Committee. Arora has led Palo Alto Networks since 2018 and has a history with companies like SoftBank and Google. Uber’s CEO Dara Khosrowshahi praised Arora’s strategic abilities. As a board member, Arora will receive a $60,000 annual cash retainer and restricted stock units worth $300,000.
View Source
Paisabazaar appoints new CEO; cofounder Naveen Kukreja moves to PB Fintech as group president
Economic Times
·
4m ago
Medial
Paisabazaar has appointed Santosh Agarwal as its new CEO, while co-founder Naveen Kukreja becomes group president of PB Fintech. Agarwal, previously Policybazaar's chief business officer, will lead Paisabazaar into new savings and pension products. The company faced a 20% decline in its credit distribution business, though secured lending saw revenue increase. Vivek Audichya, the CFO, will be replaced by Neeraj Tripathi as Audichya moves to Policybazaar as CFO.
View Source
Elevation Capital COO Vivek Mathur resigns from Paytm Board
Inshorts
·
2y ago
Medial
Vivek Mathur, the Chief Operating Officer (COO) of Elevation Capital, has stepped down from his position as a Board member of fintech startup Paytm. Mathur served as the Alternate Director to Ravi Chandra Adusumalli, who holds a Non-Executive Non-Independent Director role at Paytm. Paytm clarified that Mathur's resignation was due to the absence of a necessity for an Alternate Director to Adusumalli, while Adusumalli will retain his position on the Paytm Board.
View Source
Vijay Shekhar Sharma resigns as chairman of Paytm Payments Bank
Livemint
·
1y ago
Medial
Vijay Shekhar Sharma, the founder of Paytm, has resigned from the board of Paytm Payments Bank. One97 Communications, the parent company of Paytm, announced the resignation and the company's plans to appoint a new chairman. Additionally, several new independent directors have joined the board of Paytm Payments Bank, including former chairman of Central Bank of India, Srinivasan Sridhar, and retired IAS officer Debendranath Sarangi. The new directors are expected to contribute their expertise to enhance governance structures and operational standards at the bank.
View Source
Paytm Confirms Exit Of Manju Agarwal From Paytm Payments Bank’s Board
Inc42
·
1y ago
Medial
Fintech giant Paytm has confirmed the resignation of independent director Manju Agarwal from the board of Paytm Payments Bank due to personal commitments. The departure of Agarwal and another independent director, Shinjini Kumar, comes after the Reserve Bank of India imposed fresh restrictions on the trouble payments bank. Paytm is currently under scrutiny as it seeks approval for an investment in its payments gateway arm, Paytm Payments Services, while an inter-ministerial committee examines foreign direct investment from China into the company.
View Source
Vijay Shekhar Sharma resigns from Paytm Payments Bank board; company appoints 4 new independent directors
IndianStartupNews
·
1y ago
Medial
Vijay Shekhar Sharma has resigned as the non-executive chairman and board member of Paytm Payments Bank (PPBL). The move is aimed at ensuring a smooth transition for the payments bank. PPBL will now begin the process of appointing a new chairman. This comes after the Reserve Bank of India's decision to prohibit PPBL from acquiring new customer deposits due to repeated non-compliance with regulatory requirements. PPBL has recently appointed four new independent directors and formed a group advisory committee to guide the company's growth and regulatory compliance.
View Source
Paytm confirms resignation of independent director at banking arm
Economic Times
·
1y ago
Medial
Manju Agarwal has resigned as an independent director from the board of Paytm Payments Bank due to personal commitments. Paytm recently announced the formation of an advisory committee on compliance and regulatory matters following the central bank's order to wind down most of the bank's operations.
View Source
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.
View Source
Paytm Payments Bank CEO Surinder Chawla resigns
Economic Times
·
1y ago
Medial
Surinder Chawla, the managing director and CEO of Paytm Payments Bank, has resigned from his position citing personal reasons and better career prospects. This comes after Paytm Payments Bank recently stopped offering basic banking services under the direction of the Reserve Bank of India (RBI). Paytm has also severed all ties with the bank and reconstituted its board. Chawla, who joined the bank in January 2020, will leave on June 26 this year. Paytm now operates as a third-party payment application on Unified Payments Interface (UPI) through partnerships with Yes Bank, HDFC Bank, State Bank of India, and Axis Bank.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
