Paytm’s President and financial services head Amit Nayyar quits

Amit Nayyar, President at Paytm, has resigned from the company after serving for 20 months according to three people aware of the development. This is the second major departure from the IPO-bound company after its Chief Human Resource officer Rohit Thakur put in his papers last month. “Nayyar resigned last month and Paytm’s board has accepted his resignation. He’s currently serving his notice period,” said one of the sources.