Cryptocurrency is here to stay: Paytm founder Vijay Shekhar Sharma

“I am very optimistic about cryptocurrencies. They are mainly based on cryptography and in a few years the mainstream technology will be like the Internet which is (now) a part of everyday life,” he said. Fintech Paytm founder Vijay Shekhar Sharma said Thursday that the cryptocurrency is here to stay and is primarily based on … Read more

‘Thank you for taking away our money’, say netizens after Paytm’s lukewarm listing at bourses

Digital payments giant Paytm listed on exchanges today. Soon after the list ended, netizens split up. Some netizens have criticized Paytm for “withdrawing” their money, while others have taken the opportunity to share some rib-ticking memes. “Thank you Paytm and Vijay Shekhar Sharma for taking our money (more than the refunds I have given all … Read more

‘Man, I can feel for our cricket team’: Vijay Shekhar Sharma ahead of Paytm listing

Paytm founder and CEO Vijay Shekhar Sharma tweeted that he feels for the Indian cricket team ahead of his company’s listing. He said that Paytm appears to carry the hopes and aspirations of young India into the stock market. Sharma further added that India has transformed dramatically in 11 years across sectors. Sharma also thanked … Read more

Paytm set for trading debut after $2.5 billion IPO

Indian digital payments company Paytm is set to make its stock market debut on Thursday, after oversubscribing to its $2.5 billion initial public offering (IPO), India’s largest, last week. Paytm, which counts China’s Ant Group and SoftBank among its backers, raised $1.1 billion from institutional investors and last week received $2.64 billion in bids for … Read more