Don't see One97 Communications Limited (PayTm) on the list! Oh wait, now the whole fiasco makes sense. I have always been a fan of Vijay Shekhar Sharma (PayTm's founder) but that guy choose the wrong country to build a great business model. Don't you think?

gurugrind

8mo

An Assistant Manager

Play stupid games, win stupid prizes. PayTM did not adhere to the strict RBI guidelines and started functioning like a bank. And, they got caught.

chaturchartwala

8mo

student at

Indian Institute of Technology (IIT), Kharagpur

VSS resigned and burnt the trust PayTM had built. He should have let someone with enough expertise to handle RBI early on.

lejhand

8mo

A Quality Assurance Specialist

In this country, you gotta keep the ruling gov happy with money money money to sustain a successful business.

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