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Paytm Appoints Rakesh Singh as Chief Executive Officer of Paytm Money

May 04, 2024

Position

Chief Executive Officer

Company

Paytm

Rakesh Singh
rakesh.singh@paytmmoney.com
BengaluruCommerce and ShoppingFinancial Services

Description

Paytm's parent company One97 Communications announces the resignation of president and COO Bhavesh Gupta, while appointing Rakesh Singh as the new CEO of its subsidiary, Paytm Money.

Quick answer

Paytm Appoints Rakesh Singh as Chief Executive Officer of Paytm Money (May 4, 2024). Paytm is based in Bengaluru, Karnataka, India.

Who is the new Chief Executive Officer at Paytm?
Paytm named Rakesh Singh Chief Executive Officer, announced May 4, 2024.
What did Paytm announce on May 4, 2024?
Paytm's parent company One97 Communications announces the resignation of president and COO Bhavesh Gupta, while appointing Rakesh Singh as the new CEO of its subsidiary, Paytm Money.
What does Paytm do?
The deal is subject to regulatory approval, the company said.
Where is Paytm based?
Paytm is based in Bengaluru, Karnataka, India.
Which similar companies made leadership changes around the same time?
PayPal (May 7, 2024), Sitecore (April 24, 2024), Fortitude (May 20, 2024) and Upbound Group (April 5, 2024) also announced leadership changes within 45 days of Paytm.

Source: Fundz verified event record.

Other recent leadership changes in Commerce and Shopping and Financial Services

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

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Company Information

Company

Paytm

Location

Bengaluru, Karnataka, India

About

The deal is subject to regulatory approval, the company said. The company is still awaiting regulatory approval. Bengaluru: IPO-bound Paytm on Wednesday said Zurich-based reinsurance giant Swiss Re will invest Rs 920 crore in its insurance unit Paytm Insuretech Pvt. Ltd (PIT), for a 23% stake. Paytm already has an insurance broking licence through a wholly-owned subsidiary, Paytm Insurance Broking.

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