New Delhi, Aug 18 (PTI) – Vijay Shekhar Sharma, the founder of Paytm, is set to make his debut on "The Great Indian Kapil Show" on August 23. A trailer for this episode was released Monday, marking Sharma’s inaugural appearance on the streaming giant Netflix.
This appearance on the widely-watched show comes shortly after Paytm achieved a significant milestone by transitioning to full Indian ownership and returning to profitability. This change, hailed by industry experts, marks a pivotal moment for the fintech leader.
Following this milestone, Paytm Payments Services Ltd. (PPSL) garnered the Reserve Bank of India's in-principle approval to function as a Payment Aggregator. This regulatory endorsement offers a boost to the company’s long-term prospects.
Market experts point out that Paytm remains the largest merchant payments platform across India, catering to enterprises and MSMEs. It leads in QR code payments, soundbox devices, and card machines, sustained by an expansive merchant network.
Analysts attribute the revolution in mobile payments in India to Sharma, who has empowered millions of small businesses, street vendors, and large enterprises to integrate digital transactions effortlessly.
In a notable development earlier this year, Sharma willingly surrendered shares worth around Rs 492 crore to SEBI as a settlement initiative, signaling his dedication to resolving regulatory concerns and reinforcing a compliance-first approach.
Those closely monitoring Paytm attribute its recent resurgence to Sharma’s tenacity and enhanced concentration on compliance, coupled with his drive for innovating payment solutions.
As one industry analyst encapsulated, “This is a symbolic moment — the founder who taught India how to make mobile payments is now celebrating the company’s revival and future growth on a platform that reaches millions of Indians.”
The upcoming Netflix episode promises to delve into Sharma’s entrepreneurial expedition and the transformative role Paytm has played in crafting India’s digital payments arena. Observers note that the timing underscores the brand’s rejuvenated growth trajectory, projecting assurance and reaffirming Paytm’s significant rapport with its primary audience.
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