InvestorQ : Why has Paytm made some major management changes at the top?
Juvina Maggie made post

Why has Paytm made some major management changes at the top?

Answer
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Angel dcosta answered.
4 months ago


Yes, there have been quite a few changes at the top. Abhishek Rajan takes over as COO while Srinivas Mothey takes over as senior vice president-merchants solutions. In the last 3 quarters, Paytm has brought down the cash burn to $2 million per quarter which is a good starting line for the new team to scale up. Paytm will also scale up its travel business. Recently, Paytm shifted its headquarters to the silicon capital of Bengaluru and will now hire 300 people for product and technology roles from the Bengaluru technology manpower pool.