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Shares of One97 Communications, Paytm's parent company, declined 5 per cent on Monday after its president and chief operating officer Bhavesh Gupta resigned from the company. The fintech firms' stock tanked 4.99 per cent to Rs 351.70 -- its lower circuit limit -- on the BSE. On the NSE, it
“In line with our on-going conversations, due to personal reasons, I will be unable to continue as President & COO and am resigning effective close of business hours 31st May 2024 and request to be relieved accordingly,” said Gupta via an email to Paytm’s MD and CEO Vijay Shekhar Sharma.
Gupta was steering the lending business, online and offline payments, and compliances, among others, at Paytm
Bhavesh Gupta, Chief Operating Officer (COO) and President of One 97 Communications (OCL), the parent company of the Paytm brand, has resigned. The fintech firm announced this to stock exchanges on Saturday. Gupta will shift to an advisory role at the office of Paytm CEO Vijay Shekhar Sharma by the end of this month.
New Delhi: The Indian startups continued to raise funds at a normal pace, and this week, as many as 27 startups secured nearly $222.7 million in the