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Paytm Founder Vijay Shekhar Sharma On 100 Most Influential People List

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On Thursday, The Times released its annual 100 Most Influential People in the world in 2017 and two Indians made their entry onto this list – PM of India, Shri Narendra Modi, and Paytm’s founder Vijay Shekhar Sharma.

The 43-year-old Cheif Executive of the Indian mobile payments platform is the only Indian entrepreneur to be featured on the 2017 list.

This list also included US President Donald Trump, actor Emma Stone, philanthropist Melinda Gates, WikiLeaks founder Julian Assange, Amazon CEO Jeff Bezos, President of Russia Vladimir Putin, CEO, and founder of Snapchat Evan Spiegel.

The Times magazine has featured a list of pioneers, artists, actors, titans, leaders and icons from all around the world. Vijay Shekhar was listed under the titan category followed by Jeff Bezos. It was in March this year, Sharma was ranked as India’s youngest billionaire by Forbes magazine, as his net worth is $1.3 billion.

Infosys co-founder Nandan Nilekani, who wrote Sharma’s profile was all praises for the Paytm founder. He said: “When Modi government announced (the) Demonetisation act in November, Sharma seized that moment and with a flurry of ads he encouraged people to start using the Paytm’s (sic) digital wallet platform to pay for every day’s goods and services.”

Seeing his performance in the Indian economy market, Alibaba’s Jack Ma is now an investor in Paytm. Vijay Shekhar Sharma shared his happiness on Twitter.

Check out the 2017’s full list of 100 Most Influential People in the world

  • Biram Dah Abeid, Mauritanian politician, activist
  • David Adjaye, architect
  • Riz Ahmed, actor
  • Thelma Aldana, Attorney General of Guatemala
  • James Allison, immunologist
  • Guillem Anglada-Escudé, Natalie Batalha and Michaël Gillon, astronomers
  • Julian Assange, founder of WikiLeaks
  • Margaret Atwood, novelist
  • Stephen Bannon, White House Chief Strategist
  • Cindy Arlette Contreras Bautista, activist
  • Samantha Bee, actor, comedian
  • Fatou Bensouda, Chief Prosecutor, International Criminal Court
  • Jeff Bezos, CEO, Amazon
  • Simone Biles, gymnast
  • Bob Bland, Tamika Mallory, Carmen Perez and Linda Sarsour, organizers, Women’s March
  • Jason Blum, director
  • Tom Brady, football player, New England Patriots
  • Gretchen Carlson, advocate for workplace equality, former Fox News anchor
  • Chance the Rapper, rapper
  • George Church, geneticist
  • James Comey, director, FBI
  • James Corden, host, The Late Late Show with James Corden
  • Viola Davis, actor
  • Rodrigo Duterte, President of the Philippines
  • Ava DuVernay, director
  • Daniel Ek, co-founder, and CEO, Spotify
  • Theo Epstein, president of baseball operations, Chicago Cubs
  • Recep Tayyip Erdoğan, President of Turkey
  • Fan Bingbing, actor
  • Bob Ferguson, Attorney General of Washington
  • Melinda Gates, philanthropist
  • Donald Glover, actor, writer, rapper
  • Ashley Graham, model
  • Glenda Gray, physician, and researcher
  • Kirsten Green, founder, Forerunner Ventures
  • Gavin Grimm, activist
  • Demis Hassabis, artificial intelligence pioneer
  • LeBron James, basketball player, Cleveland Cavaliers
  • Barry Jenkins, director
  • Leslie Jones, comedian, actor
  • Colin Kaepernick, football player
  • Alicia Keys, singer
  • Kim Jong Un, Supreme Leader of North Korea
  • Jared Kushner, White House senior adviser
  • John Legend, singer, songwriter
  • John Lewis, U.S. Congressman, 5th District of Georgia
  • Leila de Lima, Philippine opposition senator
  • Jean Liu, president, Didi Chuxing
  • Demi Lovato, singer
  • Barbara Lynch, chef, restaurateur
  • Kerry James Marshall, artist
  • General James Mattis, Secretary of Defense, U.S.
  • Theresa May, Prime Minister of the United Kingdom
  • Conor McGregor, mixed martial artist
  • Rebekah Mercer, Republican donor
  • Alessandro Michele, designer, Gucci
  • Narendra Modi, Prime Minister of India
  • Neymar, soccer player
  • Sandra Day O’Connor, former Supreme Court Justice, founder, iCivics
  • Sarah Paulson, actor
  • Jordan Peele, actor, comedian, filmmaker
  • Tom Perez, chairman, Democratic National Committee
  • Ben Platt, actor
  • Pope Francis, Pontifex
  • Reince Priebus, White House Chief of Staff
  • Vladimir Putin, President of Russia
  • Ryan Reynolds, actor
  • Margot Robbie, actor
  • RuPaul, television personality
  • Raed Saleh, head of Syria’s White Helmets
  • Juan Manuel Santos, President of Colombia
  • Chuck Schumer, U.S. Senator, New York
  • Vijay Shekhar Sharma, entrepreneur, founder, Paytm
  • Ed Sheeran, singer, songwriter
  • Cindy Sherman, photographer
  • Raf Simons, designer, chief creative officer, Calvin Klein
  • Qasem Soleimani, commander of Iran’s Quds Force
  • Evan Spiegel, CEO, and co-founder, Snapchat
  • Emma Stone, actor
  • Donald Trump, President of the United States
  • Ivanka Trump, White House special assistant
  • Dr. Celina Turchi, infectious disease expert
  • Bernard J. Tyson, CEO, Kaiser Permanente
  • Hamdi Ulukaya, entrepreneur, CEO, Chobani
  • King Maha Vajiralongkorn, King of Thailand
  • Guus Velders, atmospheric chemist
  • Margrethe Vestager, antitrust czar, European Union
  • Jeanette Vizguerra, activist
  • Wang Qishan, senior leader, Communist Party, China
  • Elizabeth Warren, U.S. Senator, Massachusetts
  • Colson Whitehead, novelist
  • Constance Wu, actor
  • Xi Jinping, President of the People’s Republic of China, General Secretary, Communist Party, China
  • Janet Yellen, chair, Federal Reserve
  • Yuriko Koike, Governor of Tokyo

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Piyush Anchliya Joins Cashfree Payments as CFO Amid Expansion in India’s Fintech Sector

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Cashfree Payment - StartupStories

Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer (CFO), effective April 15, 2025. Anchliya brings over 15 years of experience in investment banking, corporate finance, strategy, and mergers and acquisitions, with senior roles at Barclays, Bandhan Group, and most recently as CFO of Bandhan AMC. He holds an MBA from IIM Ahmedabad and a B.Tech. from IIT Kharagpur.

In his new role, Anchliya will lead Cashfree’s financial strategy, optimize operations, and support the company’s next growth phase. He will report to CEO and Co-founder Akash Sinha, who highlighted Anchliya’s expertise as vital for sustainable scaling and strengthening the company’s financial foundation. Anchliya succeeds outgoing CFO Vikas Guru, who will assist during the transition.

Founded in 2015, Cashfree Payments processes over $80 billion annually for more than 800,000 businesses. The company recently raised $53 million in funding led by KRAFTON and Apis Growth Fund II and secured key RBI licenses, positioning it for accelerated growth in India’s fintech sector. Anchliya’s appointment comes at a pivotal time as Cashfree aims to expand its leadership in digital payments.

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Flipkart’s Jeyandran Venugopal Likely to Join Reliance Retail as CEO

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Flipkart - StartupStories

Jeyandran Venugopal, the outgoing Chief Product and Technology Officer of Flipkart, is set to become the CEO of Reliance Retail Ventures (RRV), the retail arm of Reliance Industries. His appointment, expected to be finalized in May after his exit from Flipkart, signals Reliance’s push to strengthen its retail business with a technology-first approach.

Venugopal brings extensive experience from leading roles at Flipkart, Myntra, Yahoo, Snapdeal, and Amazon, where he focused on scaling technology platforms and driving innovation. At Flipkart, he managed product, engineering, data science, and more, helping build robust systems and improve user experience.

His move comes as Reliance Retail undergoes transformation, including cost-cutting and a renewed focus on digital growth. Venugopal’s leadership is expected to accelerate Reliance’s ambitions in omnichannel and tech-driven retail, positioning the company for continued dominance in India’s evolving market.

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Delhivery’s Acquisition of Ecom Express: A Major Consolidation in Indian Logistics

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Delhivery, one of India’s leading logistics companies, has announced its acquisition of Ecom Express in an all-cash deal valued at ₹1,407 crore. This strategic move marks one of the largest consolidations in the logistics sector and is expected to enhance Delhivery’s scale, profitability, and operational efficiency.

Background

Ecom Express, founded in 2012 and headquartered in Gurugram, has faced significant financial challenges recently. The company canceled its IPO plans in 2024 and laid off hundreds of employees due to operational setbacks, including losing a major client, Meesho, which shifted to its in-house logistics service Valmo. These struggles led to a distressed sale, with private equity investors like Warburg Pincus and Partners Group exiting their stakes entirely.

Strategic Benefits for Delhivery

  1. Enhanced Scale: The acquisition will strengthen Delhivery’s network reach and infrastructure, enabling better service delivery across India.
  2. Operational Synergies: Combining operations with Ecom Express will improve efficiency and reduce costs through economies of scale.
  3. Competitive Edge: With Ecom Express as a subsidiary, Delhivery solidifies its leadership position in the logistics space by offering broader coverage and faster services.

Challenges Addressed

The acquisition mitigates risks from Ecom Express’ financial struggles while addressing past disputes between the two companies over inflated shipment volumes reported by Ecom Express during IPO filings.

Future Outlook

The deal is expected to close within six months after regulatory approval from the Competition Commission of India (CCI). Post-acquisition, Ecom Express will operate as a subsidiary of Delhivery, unlocking new growth opportunities such as advanced logistics technology integration and expanded customer reach.

With ₹5,488 crore in cash reserves as of September 2024, Delhivery is well-positioned to finance this acquisition without compromising financial stability. This move underscores Delhivery’s commitment to innovation and efficiency in India’s rapidly evolving logistics landscape.

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