Paytm loses sheen, CEO Vijay Shekhar Sharma drops out of billionaire list
Image Credit: shortpedia
With Paytm stock in free fall, the fintech giant’s CEO and founder, Vijay Shekhar Sharma, has lost his coveted billionaire status. According to a March 15 Forbes report, Sharma’s wealth stood at $999 Mn as against the peak of $2.35 Bn before Paytm’s IPO listing. Since Paytm’s stock market debut on November 18 last year, Sharma has lost around INR 88 Cr daily.