One97 Communication Approved Re-appointment Of Vijay Shekhar SharmaÂ
The shareholders of One97 Communications, a brand that operates under Paytm, have approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer of the company. IiAS, an investors advisory firm, said that Vijay made several commitments in the past to make the company profitable; however, these have not played out. According…
Jack Ma’s Firms Sold 43.3% Stake in Paytm For $5.6 Million
Jack Ma’s firms, Alibaba and Ant Financial, back off from Paytm and have sold their 43.3% stake to the company for just $5.5 million (around Rs. 42 crores). In the last round of funding in 2020, the company was valued at $3 billion. From the combined 43.3% stake, Alibaba had 28.35%, and Ant Financials owned…
8 Most Successful Young Businessmen In India
Have you ever wondered who the young businessman in India is? India is known to be the hub of success stories. Yes, there are lots of success stories in India that go unheeded worldwide. The fact is that some of these success stories belong to young businessmen. They’re highly smart in their business and come…