Who Is The Owner & Founder Of Paytm?

Who Is The Owner & Founder Of Paytm?
October 23
21:09 2018

Who Is The Owner & Founder Of Paytm?


There was a high search on by Indians about the owner of a popular e-commerce website and digital wallet company which was as a result of latest arrest made by Indian police after three Paytm employees were allegedly caught while trying to extort Rs. 20 crore from Vijay Shekhar Sharma after threatening to leak stolen personal data and confidential information. Vijay Shekhar Sharma, is he Owner and Founder Of Paytm, Indian popular E-wallet company.

Vijay Shekhar Sharmahad had earlier made a complaint with the police that their employees, a woman and her aides, had stolen some data from the company and were blackmailing. They were demanding Rs. 20 crore for not leaking it,” Senior Superintendent of Police (SSP), Gautam Buddh Nagar, Ajay Pal Sharma said.

“Taking immediate action on it, an FIR was registered and three persons, including the woman, arrested. They are being probed about the data and their modus operandi. Police will share the facts as they are unearthed,” Mr Sharma said.

Paytm is known to be a giant Indian e-commerce payment system and digital wallet company, based out of NOIDA SEZ.

Paytm is available in 10 Indian languages and offers online use-cases like mobile recharges, utility bill payments, travel, movies, and events bookings as well as in-store payments at grocery stores, fruits and vegetable shops, restaurants, parking, tolls, pharmacies and education institutions with the Paytm QR code.

California based PayPal had filed a case against Paytm in the Indian trademark office for using a logo similar to its own on 18 November 2016. As of January 2018, Paytm is valued at $10 billion

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David Chris

David Chris

David Chris is writer and a staff at Ngyab.com. He is also an internet guru who who loves reading and making new friends


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