🔓 Unlock the full profile of Vijay Sharma (Paytm Payments Bank), including verified contact details, financial insights, and professional associations.
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Email: vij*****@pay******.com
Mobile: 82202*****
Estimated Net Worth 💰 : ₹0 – ₹500+ Cr (approx. $0 – $60M)
Key Insights You Should Know About This Individual
- Vijay Shekhar Sharma founded One97 Communications Limited in December 2000, which later became the parent company of Paytm, marking the beginning of a significant journey in the digital payments space in India.
- In December 2010, Vijay Shekhar Sharma launched Paytm, a mobile wallet that revolutionized how transactions were conducted in India, making digital payments accessible to millions.
- Under Sharma's leadership, Paytm expanded rapidly, becoming one of India's largest mobile payment platforms and gaining widespread acceptance in various sectors, including retail and transportation.
- In May 2017, Vijay Shekhar Sharma established Paytm Payments Bank, which further transformed the digital banking landscape, offering services such as savings accounts and digital banking solutions.
- Paytm Payments Bank received a banking license from the Reserve Bank of India, enhancing the credibility and operational range of the platform in the banking sector.
- Sharma navigated significant challenges, including regulatory pressures and competition from both traditional banks and emerging fintech companies, while maintaining Paytm's position as a market leader.
- In response to the cashless push by the Indian government, Sharma propelled Paytm's growth, especially during the demonetization phase in late 2016, where digital transactions surged.
- Sharma's efforts in promoting financial inclusion and empowering small businesses through Paytm's services have made a substantial impact on the Indian economy.