What is the net worth of Paytm CEO?

He founded Paytm in 2010. In January 2022, the ICANN-supported Universal Acceptance Steering Group appointed him as UA Ambassador in India.As of September 2022, he had a net worth of $1.1 billion according to the Forbes Real Time Billionaires Index.

Who is buying Paytm shares?

ETMarkets.com Societe Generale, Morgan Stanley, and BofA Securities bought PayTM shares worth ₹393 crore, ₹333 crore and ₹279 crore, respectively.

Why did Paytm IPO fail?

The size of the IPO and pricing for a start-up with history of losses was path-breaking. The selling shareholders who received Rs10,000 crore included promoter Vijay Shekhar Sharma who diluted his paltry pre-IPO shareholding from 9.1% to 6%.

How much Chinese own in Paytm?

Paytm is backed by China’s Alibaba Group Holding (9988.HK) and its affiliate Ant Group (688688. SS).