Paytm, the fintech company under One 97 Communications Ltd., has named Bhavesh Gupta as its President and Chief Operating Officer (COO). In his new role, Gupta will oversee various verticals within Paytm, including lending, insurance, online and offline payments, and consumer payments. He will also lead initiatives related to user growth, operational risk, fraud risk, and compliance. Gupta, who previously served as the Senior Vice President, will report directly to Paytm’s Managing Director and CEO, Vijay Shekhar Sharma.
A Seasoned Professional with Vast Experience
Bhavesh Gupta has been with Paytm since 2020, initially serving as the CEO of its lending business. With a career spanning 25 years in financial services, Gupta brings expertise in payments, technology, analytics platforms, retail loans, digital lending, SME banking, and retail banking. Prior to joining Paytm, he held leadership positions, including CEO of Clix Capital (formerly known as GE Capital) and Head of SME & Business Banking at IDFC Bank. Gupta has a degree from Delhi University and an MBA from the Institute of Management Studies, Indore.
Paytm – Key Details
Paytm was founded in August 2010 by Vijay Shekhar Sharma. Vijay Shekhar Sharma serves as the CEO of Paytm and its parent organization is One97 Communications. The company has become a leading player in the fintech industry, offering a wide range of financial services to its users.
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Paytm appoints Bhavesh Gupta as president and COO – FAQs
Q1: Who has been appointed as the President and COO of Paytm?
Ans: Bhavesh Gupta has been appointed as the President and Chief Operating Officer (COO) of Paytm.
Q2: What will be Bhavesh Gupta’s responsibilities in his new role?
Ans: Bhavesh Gupta will be responsible for overseeing various verticals within Paytm, including lending, insurance, online and offline payments, consumer payments, and spearheading important initiatives such as user growth, operational risk, fraud risk, and compliance.
Q3: To whom will Bhavesh Gupta report in his new role?
Ans: Bhavesh Gupta will report directly to Paytm’s Managing Director and Chief Executive Officer, Vijay Shekhar Sharma.