In a year of doom and gloom for the Indian commerce and consumer internet ecosystem, founder and CEO of mobile payments and commerce platform Paytm, Vijay Shekhar Sharma, pulled off a coup last month. His company more than doubled its valuation to $4.8 billion when it raised $60 million in a new round led by Taiwanese semiconductor giant MediaTek, in a market where high valuations of internet unicorns are being questioned by investors.
It is perhaps his ability to keep up the momentum of business expansion and investor interest at a time of skepticism that makes Sharma Entrepreneur of the Year. This was yet another intense two-horse battle between Sharma and Bhavish Aggarwal, cofounder and CEO of cab hailing mobile application Ola. Many jury members knew the top two contenders up close and generously contributed crucial insights into the discussion. In the end, after two rounds of voting Sharma was chosen as the winner.
Courtesy : Economic Times
It is perhaps his ability to keep up the momentum of business expansion and investor interest at a time of skepticism that makes Sharma Entrepreneur of the Year. This was yet another intense two-horse battle between Sharma and Bhavish Aggarwal, cofounder and CEO of cab hailing mobile application Ola. Many jury members knew the top two contenders up close and generously contributed crucial insights into the discussion. In the end, after two rounds of voting Sharma was chosen as the winner.
Courtesy : Economic Times
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