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

Vijay Shekhar Sharma, the founder and CEO of Paytm, has built the company from a startup to India's biggest mobile payments company. However, a recent regulatory move by RBI banning Paytm's payments bank for violations has put the company's future at risk. Sharma's focus on growth and big numbers may have led to regulatory compliance issues, but his determination and resilience may help Paytm survive this setback.

Paytm said Resilient Asset Management BV, an overseas entity owned by Sharma, will acquire the ownership and voting rights of 10.3% of the stake in the company held by Antfin (Netherlands), a unit of Ant Group

Facebook, Amazon, Google are among the firms applying for retail payment systems licences in India, Bloomberg reports.

By Saritha Rai, Technology giants Facebook Inc., Amazon.com Inc. and Google and credit-card providers Visa Inc. and Mastercard Inc. are among those vying for unprecedented access to India’s burgeoning digital retail payments market. The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country, people

Amazon, Facebook, Google Said to Vie for Unprecedented Access to India’s Growing Digital Payment Market The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country, according to sources. By Saritha Rai, Bloomberg | Updated: 4 March 2021 10:31 IST Facebook and Google agreed to invest more than $10 billion (roughly Rs. 72,900 crores) in Reliance Jio Highlights Reserve Bank of India is expected to give just one or two licenses The winners will take on National Payments Corporation of ...