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During the last 12-14 months, startup founders such as Zomatos Deepinder Goyal and Policybazaars Yashish Dahiya and Alok Bansal have reaped mega rewards. However, Paytm founder and CEO Vijay Shekhar Sharma has seen his wealth eroded.
India Business News: NEW DELHI: Shares of One97 Communications Ltd, owner of Paytm brand, hit lower circuit limit for second consecutive day on Thursday.
The Japanese investment firm cumulatively sold 1,37,84,787 shares in Paytm parent through the open market during the said period.
India Business News: NEW DELHI: Equity benchmark indices start flat on Indian bourses on Thursday amid weak global cue in early morning trade.
Paytm share price: Earlier this week, the embattled digital payments firm said CEO Vijay Shekhar Sharma would step down as non-executive chairman and board member of Paytm Payments Bank. Sharma owns a 51 per cent stake in Paytm Payments Bank. And, One 97 Communications owns the rest.