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Articles by Paytm Money
Paytm Money CEO Varun Sridhar, who made platform profitable, steps down; Rakesh Singh to take charge
News Paytm Money CEO Varun Sridhar, who made platform profitable, steps down; Rakesh Singh to take charge BusinessMay 02,2024, 02:31 PM Paytm Money, the wealth management platform of One 97 Communications Ltd, has appointed Rakesh Singh as its new CEO, replacing Varun Sridhar. Singh, previously the CEO of broking services at PayU-backed Fisdom, joined Paytm Money recently. Under Sridhar's leadership, Paytm Money achieved profitability with a net profit of Rs 42.8 crore in FY23.
Our employees are our heroes- this is how the Paytm Family is supporting each other during the pandemic
At Paytm, our employees are at the heart of everything we do. During the COVID-19 pandemic, as we all adjust to the new normal and work out of our homes, there is fear, worry and despair all around us. So in times like these, it is now more important than ever to prioritize the best interests of our colleagues and their well-being, both physical and mental.
‘We are in this together’ - Here’s how your contribution is helping India battle the COVID-19 crisis
India is currently battling a gruesome second wave of the COVID-19 pandemic and as the country’s healthcare continues to be under pressure, Paytm has stepped forward to help in COVID-19 relief efforts. We are undertaking efforts on a war footing in this fight against COVID and have launched #OxygenforLife initiative through ‘Paytm Foundation’.
Today, Everything changes, Again.
From Payments to Payments Bank. Exactly three years ago, on January 3rd 2014, we launched our mobile wallet — Paytm. Today, Paytm has become the category leader and changed the way India pays. From villages to cities, from corner vegetable stalls to milk booths, small shops to large retailers, everyone embraced the new way to pay by Paytm. Now, we are embarking on a new and even more exciting journey. Today, Reserve Bank of India gave permission to formally launch Paytm Payments Bank.
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