Paytm Founder News Today : Breaking News, Live Updates & Top Stories | Vimarsana

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Thursday, May 30, 2024.

Paytm Founder and CEO Vijay Shekhar Sharma said that India has a true momentum across growth parameters and he wants an extension of that momentum, as he cast his first vote in Delhi during the sixth and penultimate phase of the Lok Sabha ...

A Bengaluru resident, Chetty Arun, engaged in a revealing chat with an online scammer, exposing the scammer's deceptive techniques. Arun's conversation not only shed light on the methods used by scammers but also garnered attention from Paytm founder Vijay Shekhar Sharma. The interaction highlighted the importance of cyber security awareness and vigilance in combating online fraud.

In the chat, the scammer confessed to Arun about scamming people for the past decade and explained how APK files are used to take control of a victim's phone. Surprisingly, the scammer ended the conversation by wishing Arun good luck.

The biggest body blow Paytm received was when the Reserve Bank of India imposed severe restrictions on Paytm Payments Bank Ltd (PPBL), which ran the Paytm wallet, owing to a series of violations, particularly on the KYC front. It’s nothing short of an existential crisis for one of India’s most storied start-ups, and the big question is: where does Paytm go from here? Knowing Sharma’s go-getting nature, the Paytm story may have just got more interesting as the ambitious entrepreneur attempts to find his way out of this quagmire. For this issue's cover story, read a deep dive into th...