Inside Vijay Shekhar Sharma’s team driving Paytm’s core business

Paytm has seen significant changes in its top team over the last 24 months with several old hands being replaced by financial services industry professionals. In the runup to its IPO, Sharma will need to balance regulatory compliance with growth as competition from Google and PhonePe intensifies

author-imageauthor-image

By 

Pratik Bhakta

Aditi Shrivastava

September 09, 2021

4 Min Read

Over the last two years, the top deck at Paytm owner One97 Communications has changed from mostly product managers and technology professionals to look more like a financial services conglomerate. The IPO-bound company’s organization chart reveals it is currently run by seasoned banking, financial services and technology professionals, all reporting to the company’s founder Vijay Shekhar Sharma.

With banking, payments, credit and insurance making up its financial services business, and cloud services, ticketing, games and other such businesses, Paytm is a large-scale corporation. As the top executive, Sharma has 15 direct reportees running Paytm’s various businesses. 

The changes at Paytm have taken shape over the previous 2-3 years. The company has undergone a massive churn. Key executives—including Kiran Vasireddy who was heading operations, Deepak Abbot, who led payments; Nitin Misra who was heading business, Pravin Jadhav, who led Paytm Money; Jaskaran Kapany, who was heading marketing; Amit Veer, who was the chief business officer; and Siddharth Pandey, who was leading the payment gateway business—all quit over the previous 2 years. Recently, Paytm’s president Amit Nayyar quit.

“Paytm internally transformed from a startup to a financial services company. The product and technology people were all replaced by people with long years of experience in banks and global MNCs,” said an employee who recently quit Paytm.

Why

Subscribe

Pricing

As a premium subscriber, you will get access to 3+ premium articles a week
Limited time offer
Launch price
INR
2,399
/ Year
INR 3,999
Save 40% with our launch offer.
Please apply the code at checkout.

copyCopy Code

Upgrade Now

Why

Subscribe

As a premium subscriber, you will get access to 3+ premium articles a week

Smart Information, Better Decisions

We report on the latest and most important developments in India’s biggest tech companies and also disruptive startups so you can make better decisions.

Seasoned Team

Tracking the highs and lows of India’s biggest internet companies over the past decade has given us access to the right decision-makers to interpret the latest state of play.

Inside View with Org Charts

Know the key decision-makers with Org Charts. We thrive on decoding boardroom conversations so we can bring you a 360° view of what's happening at India's high-growth companies.

Filtering the Noise

New economy companies cannot always be evaluated using traditional methods. We analyze the relevant metrics, ask the tough questions to get you the right picture
share-button
like-button
share-button

For subscribers only

Premium Reads

>>

View More >>

Deeply reported and objective news on the country´s fastest-growing companies and the people behind them.