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Rivals Are Spending Huge Money, But They Won’t Win India’s Payments War: Paytm’s Vijay Shekhar Sharma
Paytm might have lost the top spot in the UPI payments race, but it hasn’t diminished CEO Vijay Shekhar Sharma’s bravado. Paytm CEO has said that despite giving rewards and cashbacks, companies like Google and Walmart won’t emerge on top when the dust settles on India’s payments space. “Rivals are spending huge amounts of money, but none of them have dented our market share,” he said in an interview with Bloomberg. “The big giants with...