Latest News
Vijay Shekhar Sharma Pledges Personal Stock For Paytm Mall
Vijay Shekhar Sharma, the founder and Chief Executive Officer of Paytm, has pledged his personal stock in the ecommerce arm of Paytm, Paytm Mall for the employee stock option pool. Sharma will be pledging about 5% of his stock, which amounts to $ 50 million, to the ESOP corpus which will then become 10% of the overall company. This move to pledge personal stock to the ESOP corpus comes after Flipkart completed the largest buyback by a privately held Indian startup worth $ 100 million.
Owned and operated by One97 Communications, Paytm Mall was launched in February this year as a new version of Paytm’s three year old ecommerce arm. Confirming the move, Sharma said, “I have given parts of my holding towards the employee share pool. I had done something similar long time back for One97 Communications and I have done this now for Paytm Mall.” Several employees of the Paytm’s parent One97 Communications encashed their stocks worth about Rs. 100 crores, earlier this year.
According to filings with the Registrar of Companies, Sharma had a 19% stake in Paytm Mall which will be reduced to 14% post this allocation. Paytm Mall offers a unique combination of the mall and bazaar concepts to Indian consumers. Backed by China based ecommerce major, Alibaba, the ecommerce arm of Paytm has built its marketplace by selling apparel, footwear, smartphones, bus tickets and movie tickets.
Paytm Mall raised close to $ 200 million from Alibaba and SAIF Partners in March this year. Following this investment, Paytm further invested up to $ 2.5 billion in the ecommerce platform to compete against Flipkart and Amazon over the top spot in the ecommerce industry. The company is also in talks with the Japan based venture capital firm Softbank to raise fresh funds. Currently, according to Hurun India’s Rich List 2017, Vijay Shekhar Sharma is the 6th richest India with a net worth of $ 1.47 billion.
MM88
November 6, 2025 at 8:48 pm
Với giao diện mượt mà và ưu đãi hấp dẫn, MM88 là lựa chọn lý tưởng cho các tín đồ giải trí trực tuyến.
GO88
November 6, 2025 at 11:21 pm
Tham gia cộng đồng game thủ tại Go88 để trải nghiệm các trò chơi bài, poker phổ biến nhất hiện nay.
站群程序
November 7, 2025 at 8:31 am
采用高效谷歌站群策略，快速提升网站在搜索引擎中的可见性与权重。谷歌站群
Kuwin
November 9, 2025 at 11:39 am
kuwin sở hữu kho game đa dạng từ slot đến trò chơi bài đổi thưởng, mang đến cho bạn những giây phút giải trí tuyệt vời.
站群程序
November 10, 2025 at 12:58 pm
搭载智能站群程序，自动化搭建与管理，为SEO项目提供核心驱动力。站群程序
MM88
November 13, 2025 at 3:06 am
Khám phá thế giới giải trí trực tuyến đỉnh cao tại MM88, nơi mang đến những trải nghiệm cá cược thể thao và casino sống động.
谷歌外推
November 13, 2025 at 7:03 pm
采用高效谷歌外推策略，快速提升网站在搜索引擎中的可见性与权重。谷歌外推
iwin
November 19, 2025 at 4:57 pm
iwin – nền tảng game bài đổi thưởng uy tín, nơi bạn có thể thử vận may và tận hưởng nhiều tựa game hấp
J88
November 30, 2025 at 4:10 am
Đến với J88, bạn sẽ được trải nghiệm dịch vụ cá cược chuyên nghiệp cùng hàng ngàn sự kiện khuyến mãi độc quyền.