Monday
October 28
2019

He Revolutionized How Millions of People Spend Money in India. His Next Target: America

By Rishi Iyengar

To say that Vijay Shekhar Sharma is ambitious is an understatement. The founder of Paytm, India’s largest digital payments company, has already revolutionized the way 400 million people spend money — whether it’s buying dinner, paying an electric bill or sending money to a friend.

Over the course of his career, he’s also ventured into online retail, banking and even gaming.
But he’s not done yet. Sharma wants to bring at least half a billion Indians into the banking system through Paytm’s app. He also wants to put Paytm on the global map alongside the Googles and Facebooks of the world.
His business philosophy is fuelled by a phrase that echoes throughout Paytm’s office in Noida, an industrial hub on the outskirts of New Delhi: “Go Big or Go Home.” The concept is driven home on a frosted glass wall of Paytm’s main boardroom, on office stationery and on countless coffee mugs in its pantry.
Photo courtesy of Ashwini Chaudhary.

Source: CNN Business (link opens in a new window)

Categories
Finance
Tags
digital finance, digital payments, emerging markets, financial services, fintech