At 43, Vijay Shekhar Sharma’s energy level is palpable, as he danced on “Malhari” the song from actor Ranveer Singh’s movie Bajirao Mastani, at the annual Paytm event. But Sharma forgot that in the era of internet, on which Paytm’s business depends, nothing is private. While many would call it an “oops moment”, Sharma, founder of Paytm went with the flow, and has grabbed unwanted attention.
“It is too early to rejoice… It will take a lot of time to prove the company’s longevity and sustainability of the business model,” said Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research.