One97 Communications Limited (OCL), the company that owns the popular brand Paytm in India, announced that Amit Khera has resigned from the role of Company Secretary and Compliance Officer of the company, with effect from March 14, 2023. According to the company’s exchange filing, “we wish to inform you that Mr. Amit Khera [ICSI Membership No.: A10827],…
One 97 Communications Limited that owns the brand Paytm, India’s leading digital payments and financial services company, announced the appointment of financial services veteran GS Sundararajan as an Independent Director to its Board. The company also announced the retirement of Independent Director Mark Schwartz from its Board, upon completion of his tenure. Previously, Schwartz had…
Shareholders of One97 Communications, which operates under the Paytm brand, have approved the reappointment of Vijay Shekhar Sharma as the managing director (MD) and chief executive officer (CEO) of the company, according to the PTI report. Investors advisory firm IiAS had recommended against the reappointment of Sharma and several other resolutions that were part of…
Paytm announced that Madhur Deora, Group Chief Financial Officer, has been appointed as a Whole-time Director on the company’s Board, with effect from May 20, 2022. According to the company’s exchange filing, “the Board of Directors of the Company (“Board”), at their meeting held on May 20, 2022, has considered and approved the apointment of…
India’s premier SchoolEdTech major LEAD has announced the appointment of Rohit Thakur as Chief Human Resource Officer (CHRO). Rohit, the former CHRO at India’s fintech firm Paytm, will play a pivotal role in taking forward LEAD’s vision of transforming the arc of education for 1.5 million schools and 260 million school-going children in India, according…
Ex-WhatsApp Global Business Head, Neeraj Arora, is set to rejoin Paytm’s board ahead of the company’s IPO, according to TNN report. Arora, who was a member of Paytm’s board of directors from 2015 to 2018, is regarded as one of the brains behind structuring the $19-billion deal between social media giant Facebook and messaging service platform WhatsApp. Before WhatsApp, Arora also led…
Remittance service – RemitGuru operator Fable Fintech has received an undisclosed funding from Pentathlon Ventures, investors Lashit Sanghvi and Ashish Kacholia and Sumeet Kanwar, an ex Wall Street banker. The round also saw participation from existing investors Infibeam Avenues and Paytm. “We are elated to onboard marquee investors and look forward to their insights in…
Paytm is doubling down on efforts to hire from smaller towns said Vijay Shekhar Sharma, Paytm CEO. The fintech firm will also allow these employees to continue working from home instead of moving to other cities where the offices are located, keeping the healthcrisis in mind. He said during ClearTax e-Invoicing Leadership Conclave – “We…
Flipkart, India’s homegrown e-commerce marketplace has announced its partnership with Paytm, India’s leading digital financial services platform, to provide customers a slew of offers and benefits as they prepare their wish lists for this festive season. This partnership will enable millions of Paytm users to conveniently pay through their Paytm Wallet and Paytm UPI while…
Paytm announced that Bhavesh Gupta has joined as Chief Executive Officer for its lending business. Bhavesh has over two decades of experience in banking. He has led the digital transformation journey of some of the top retail banks and NBFCs in India. In his new role, Bhavesh will develop and expand the Company’s lending services…
Rooter, a New-Delhi based sports fan engagement platform, announced it has raised $1.7 million in a fresh funding round led by Paytm, Adidas family-backed leAD Sports, Rockstud Capital, and Founder Bank Capital—the early-stage arm of RB Investments. Anthill Ventures, Venture Catalysts and other angel investors also participated in the round, according to a press statement.…
Payments unicorn Paytm’s gaming platform recently announced that it has raised $5.4mn in fresh capital from AGTech Media Private Limited. The recent fund infusion comes at a time when online gaming industry witnessed a spike in demand and user data base amid lockdown. According to company filing submitted to the Ministry of Corporate Affairs, the…
Digital payments major Paytm on Wednesday said it has named Vineet Arora as the managing director and chief executive officer of Paytm General Insurance Ltd. The appointment, which is subject to regulatory approvals, is a step for Paytm to further its journey into the insurance sector with an immediate focus on General Insurance, the company…
As the world fights the COVID-19 pandemic, individuals as well as organizations are doing their bit for support the frontline workers and the less-privileged sections of society. On April 12th, 2020, the QSR leader McDonald’s India and Paytm, India’s leading digital payments & financial services platform joined hands to distribute safe and hygienic food to…
Elearning platform Lido Learning recently announced that it has raised $3mn in Series B funding from Rocket Internet founder-backed Picus Capital and Paytm President Madhur Deora. This is the Mumbai-based startup’s second fundraiser within just one year of its inception. The edtech startup had earlier raised $3mn in Series A funding round in November last…