Paytm CEO Vijay Shekhar Sharma defends stock performance, says performing better than global peers

Vijay Shekhar Sharma blamed unhealthy timing for a tepid response to Paytm’s preliminary public providing and lacklustre itemizing final yr, amid cascading share costs of an organization he co-founded over twenty years in the past. “This quarter we’re speaking about $100 million income from funds which is sort of a sizable income… Folks underestimate the dimensions of funds income,” stated Paytm CEO. “Credit score is probably the most monetisable monetary service. Bajaj Finance has been there for 30-32 years, Paytm processes extra loans than Bajaj right this moment, in lower than three years…,” Sharma stated.