IPO-bound Paytm to infuse INR 743 Cr into founder Vijay Shekhar Sharma’s investment companies
Shortpedia
Content Team
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One97 Communications Ltd, the parent company for Paytm and many of its verticals, is set to infuse INR 743 Cr funding into founder Vijay Shekhar Sharma’s investment companies VSS Holdings and VSS InvestCo. Sharma is a director in the companies along with wife Mridula Parashar and they were incorporated in January 2020. The infusion into Sharma’s investment companies comes ahead of the massive $3 Bn Paytm IPO planned later this year.
