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Tag: shekhar

Vijay Shekhar Sharma, Retail News, ET Retail

Bengaluru | Mumbai: Financial services and commerce platform Paytm plans to cut annual losses by half over the next two years, CEO Vijay Shekhar Sharma told ET. This will be done by monetising its offline merchant base, scaling its merchant network, and rolling back on discounts across businesses, he said. The SoftBank and Alipay-backed company …

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Vijay Shekhar Sharma, Retail News, ET Retail

Vijay Shekhar Sharma Vijay Shekar Sharma revolutionised digital payments in India with Paytm. It has invested thousands of crores to keep its dominance in the digital space. But it’s not profitable yet. In an interview with Saloni Shukla and Ashwin Manikandan, Sharma speaks about how he expects the industry to evolve. Edited excerpts: You’ve launched …

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Paytm’s Vijay Shekhar Sharma cautions customers of scam messages and emails, Retail News, ET Retail

MUMBAI: Paytm founder Vijay Shekhar Sharma has taken to social media to plead with customers to maintain caution and not fall for scam messages and emails from fraudsters pretending to be company officials. “Pls (please) don’t trust any SMS sent on blocking your Paytm account or suggestion to do a KYC. These are fraudsters…” Sharma …

Paytm’s Vijay Shekhar Sharma cautions customers of scam messages and emails, Retail News, ET RetailRead More

Paytm founder Vijay Shekhar Sharma to take home Rs 3 crore in remuneration in FY20, Retail News, ET Retail

NEW DELHI: Paytm founder Vijay Shekhar Sharma will take home a remuneration of Rs 3 crore this fiscal, as per regulatory filings. The proposal pertaining to Sharma’s remuneration was approved by members of One97 Communications Ltd at their Annual General Meeting on September 30, 2019, filings with the Corporate Affairs Ministry showed. “…consent…is hereby accorded …

Paytm founder Vijay Shekhar Sharma to take home Rs 3 crore in remuneration in FY20, Retail News, ET RetailRead More

Vijay Shekhar Sharma, Retail News, ET Retail

New Delhi: Paytm founder Vijay Shekhar Sharma on Monday said he expects Paytm Mall – the company’s e-commerce unit – to break even in a year’s time. Sharma maintained that Paytm will consider getting listed on stock exchanges only after 2021 when the financial services company starts generating cash. “Paytm Mall business is close to …

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