Vijay Shekhar Sharma
Founder and CEO, Paytm
Age: 42
Rank in the Rich List
Net Worth: $2.35 billion
The Big Challenges Faced in the Last Year: Delivering customer experience despite the teams working from home
The Way Forward: To build Paytm into a large new-age financial services company that impacts a billion people, and empower MSMEs across India with digital financial technologies
Vijay Shekhar Sharma dreams of Paytm touching a billion lives. India’s largest mobile wallet provider by users is making a conscious pivot to financial services, thereby providing small and medium enterprises (MSMEs) with digital financial technology that will help them grow their business.
“Paytm is revolutionising access to digital payments and financial services in India. We hope to be India’s champion of new-age enterprises that is committed to proving the country's technology, product, and scale on a global stage,” Sharma, founder, and CEO of Paytm tells Forbes India via email. “Our focus is to democratize wealth, insurance, and lending products that can cater to half a billion Indians.”
Esta historia es de la edición November 20, 2020 de Forbes India.
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Esta historia es de la edición November 20, 2020 de Forbes India.
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Home-Cooked Meal Is Now Greatly Valued
The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients
Paytm 3.0 - Reaching Near Breakeven In Two Years
As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term
DIGITALISATION WILL HELP IN VALUE CREATION
As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India
Industry 4.0: Climate Revolution?
Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent
EV Dream Still Miles Away
Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure
Living Waters
A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet
