Raj Shekhar’s Post

Paytm founder and CEO Vijay Shekhar Sharma is reportedly reaching out to former company executives to revive the company. According to a Moneycontrol report, Sharma has called Renu Satti, Kiran Vasireddy, and Nehul Malhotra, among others, and asked them to return to the company. However, Paytm has denied media reports and said, “We have not reached out to nor are we in discussions with former executives. We have been focusing on strengthening the roles of our next line of leaders internally and ensuring strong succession planning." #paytm #employees #company #gurugram #Indianstartupnews

Today it's happening with Paytm but it can happen with you too. What should you do? You don't need to worry when I am here. Here's your pocket guide to navigating regulatory hurdles: 🔷 Compliance is king: Don't push boundaries, build bridges. Always follow the rules. Engage in proactive dialogues with regulators to stay safe. 🔷 Transparency is your shield: Be upfront, even when it's tough. Trust is your strongest currency. It may be hard but it keeps you out of trouble. 🔷 Diversify, diversify, diversify: Don't be a one-trick pony. Spread your bets across products, markets, & partnerships. 🔷 Agility is key: Pivot faster than a politician in an election. Be ready to adapt when the winds shift. Remember, every crisis is a chance to learn & grow.  Will Paytm bounce back? Only time will tell. But these lessons are timeless for any top managers facing the heat. #business #leadership #fintech #crisismanagement #paytm P.S. Want more insights? Follow me for the latest in business & how to become a top performer in your job.

Imagine waking up to make the biggest pitch of your company, but your team calls in sick. Imagine landing the biggest client, only for two team members who were to work on the mandate to resign the next day. Imagine the fear of not being able to meet salaries and office rent. Picture the stress of mounting client outstanding payments. Is my business going to make it big? Is it going to survive? How will I scale? Or how will I stay afloat? Who do I talk to about what the next step should be? Imagine planning your financials for the year, and then two of your biggest clients end their partnership with you. Imagine winning your biggest client. Imagine building the best team—a team to help you win. Imagine getting funded. Imagine scaling to your largest growth ever. Can you feel the emotions of every situation? This is called being an #entrepreneur Big shout out to entrepreneurs running businesses! If you ever need someone to just talk to and be a sounding board, let’s connect! 😊 The photograph is with Vijay Shekhar Sharma, after listening to how he built Paytm #womanownedbusiness #corporatecommunications #leadership

Here's how NBFCs can handle increased scrutiny and an uncertain economy: #FinanceWrapIndia #LinkedInNewsIndia (1)Must follow the regulations, don't forget Kotak, PayTM etc. Regulator will take necessary actions without afraid of loss of your business after giving reasonable time frame to correct. (2) By adopting new technologies for products and services. customers are expecting more and it is possible through technologies only. (3) Market is big but genuine practices will make a difference in a long term hence, adopt genuine practices in HR, Sales, Services and in Products. (4) Innovative product and segment focused products will be helpful for faster growth. (5) Invest wisely (6) Focused on Transparent Corporate Governance, don't be another Satyam. Appoint Independent Directors who are capable to guide Board. Diversification is necessary in Board. Do Healthy Discussion on company matters during Board meetings. (7) Keep Board Meetings regularly to create and track Business Progress. (8) Supportive and Encouraging culture of work & personal life is must to retain talent. Don't think that your old practices or malpractices will not affect your Human Resources. Today's generation is sharing everything on Social media. (9) Plan for everyone in your company even for a Peon & Driver to Board Members. (10) Celebrate and Fight for Goals together.

Vijay Shekhar Sharma is once again taking charge of Paytm in a big way amid a major restructuring move at the fintech giant. The founder and CEO is expected to work directly with new leadership being put in place for key verticals as existing business heads and vertical heads are stepping away 👇 The changes come as Paytm faces an unprecedented attrition of top leadership. Adding to the recent spate of exits, Inc42 has learnt that chief business officers for three different verticals were asked to exit the company and resign from their positions over the past week. Sources claim that Ajay Vikram Singh (CBO of user growth and UPI), Bipin Kaul (CBO of the offline payments business) and Sandeepan Kashyap (chief business officer of the consumer payments vertical) have all quit their positions. To read more in detail, click here: https://lnkd.in/g4YeDYxu #paytm #fintech #leadership

A job is not a promise for a secure financial future. A job is a vehicle to travel from point A to point B. - Learn to build businesses. - Learn to invest the excessive cash. Jobs might fire you... Businesses might fail... Investments might go wrong... Anything is possible and is fair. What really matters is how educated you are to get up, dust yourself off and re-start with more confidence. It takes an equal amount of time to sit and whine after being fired from the job and to get up again and start afresh. People lack to take the personal initiative, get into immediate action whereas the same people will find the time and energy to criticize, complain, agitate, condemn and blame the system. A little day to day education and the will to apply the knowledge is all it takes to get started. The next steps become clear with time provided the person is in a continuous action. I could have left this above write-up in a comment section of the post I read yesterday shared by Vishal Bhardwaj about the 1000 employees being fired by Paytm recently. I rather save it in my post archives for myself as a continuous reminder hence the post. Are you prepared for the worst and still have the will to act to bounce back? #actioncoach #sukhilongia #inspirationalleadership P. S. I can share the link of the post in the comments section for those who might have missed it.

CXO Chickens :: These Opportunists are opposite of what Leadership means and should be. Of late many CXOs have left PayTm and its associated firms. This is coming when the company is battling a crisis - of regulatory and customer confidence. I've been a loyal PayTm user all this while and yes, even my own confidence is shaken, but not evaporated yet. I believe they did wrong, but so do I believe that they deserve another chance too. Also, I love and respect Vijay Shekhar Sharma. But what about these chaps? They onboard a ship, supposed to be leading it when the going is good and its party time all around. They eject the moment there is real crisis to be handled. Do you think these guys deserve to be given another shot at any CXO position? Frankly, I dont. Someone may argue, that they may be leaving because they may have unearthed somethings not right inside. Then again, its hard to believe that they didn't know it before when the party was at full bloom. And if they really didn't know and were CXOs then they either aren't worthy of being CXOs or should come out and clarify themselves. Just leaving when the enforcement guys come knocking at a party, is chicken-ing out, demonstrating spineless character. I wouldn't hire any of them in my company and I think no founder would or should? (Of course, until I have heard them and discover another truth).

In a move to optimize costs and align with shareholder interests, Paytm has proposed salary cuts for its board members, capping their annual remuneration at ₹48 lakh. The new framework aims for responsible financial discipline and corporate governance. This decision reflects the company’s commitment to financial prudence while continuing its growth trajectory in the competitive fintech landscape. The revised compensation structure aims to ensure a sustainable balance between rewarding leadership and maintaining fiscal responsibility as Paytm navigates its evolving business strategy. Paytm Paytm Money Vijay Shekhar Sharma Vijay Shekhar Sharma #Paytm #Fintech #CorporateGovernance #Leadership #CostOptimization #BoardOfDirectors #SalaryCuts #BusinessStrategy #RemunerationCap #FinancialPrudence #CorporateResponsibility #PaytmNews

Paytm CEO Vijay Shekhar Sharma told investors that the worst for the company is over and that the board has been strengthened to ensure 'attention to governance'. “We learnt a lot of lessons, shown resilience in the last three months. The worst is behind us,” Sharma said. Paytm has managed to close FY24 with 25% revenue growth at Rs 9,978 crore, while losses narrowed to Rs 1,442 crore, a 19% drop compared to FY23. #paytm #company #RBI #ceo #hardwork #business #indianstartupnews

💼 Neeraj Arora Resigns as Paytm's Independent Director; Rajeev Agarwal Named as Replacement. In a notable leadership change, Neeraj Arora has resigned from his position as an independent director at Paytm. Rajeev Agarwal has been appointed as his successor. 🔄 Leadership Change: - Neeraj Arora has stepped down from his role as an independent director at Paytm. - Rajeev Agarwal has been named as the new independent director, effective immediately. 🚀 Strategic Implications: - Arora's resignation marks a significant transition in Paytm's board composition, reflecting the company's evolving strategic needs. - Agarwal's appointment is expected to bring fresh perspectives and expertise to Paytm's board. 📊 Professional Background: - Neeraj Arora, known for his previous role at WhatsApp, had contributed valuable insights during his tenure at Paytm. - Rajeev Agarwal, with his extensive experience in regulatory and compliance sectors, is anticipated to enhance governance and strategic oversight at Paytm. 🌐 Company Vision: - The leadership change aligns with Paytm's broader goals of strengthening its governance framework and ensuring robust regulatory compliance. - Agarwal's expertise is expected to support Paytm's mission of driving innovation and growth in the fintech industry. 📅 Future Outlook: - Paytm is poised to benefit from Agarwal’s regulatory expertise as it continues to navigate the complex financial technology landscape. - This transition is seen as a strategic move to bolster Paytm's leadership team and drive its future growth initiatives. The resignation of Neeraj Arora and the appointment of Rajeev Agarwal as an independent director highlight Paytm’s commitment to strong governance and strategic leadership as it continues to expand in the fintech sector. #Paytm #LeadershipChange #NeerajArora #RajeevAgarwal #BoardOfDirectors #Fintech #CorporateGovernance #StartUpNews #BusinessNews #MicroShots #NewsUpdates