The millionaires’ club at Indian fintech giant Paytm - News Summed Up

The millionaires’ club at Indian fintech giant Paytm


He is expected to make around Rs.4,515 crore ($602 million) with the 2.1 crore options he was issued for the first time by the company in September. Sharma, who founded the company in 2000, holds 9.1% or close to 6 crore equity shares in Paytm. Besides Sharma, 10 executives of Paytm collectively stand to make over ₹1,045 crore ($139 million) from their shares and employee stock options. Deora and Chief Executive Officer of Paytm Labs Harinderpal Singh Takhar together hold shares and stock options valued at a combined ₹552.69 crore ($73.7 million). Sudhanshu Gupta who is chief operating officer of Paytm First Games Pvt Ltd holds shares and options worth ₹60 crore; Praveen Kumar Sharma, managing director and chief executive officer of Paytm Payments Services holds stocks and options worth ₹49 crore.


Source: Mint October 29, 2021 02:35 UTC



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