Paytm Gets New COO As Bhavesh Gupta Resigns To Take Career Break - News18
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Last Updated: May 04, 2024, 22:07 IST Bhavesh Gupta joined Paytm in August 2020. Gupta was steering the lending business, online and offline payments, and compliances, among others, at Paytm Paytm’s parent company One97 Communications president and chief operating officer Bhavesh Gupta has resigned from the company, an official statement said on Saturday. Gupta was steering the lending business, online and offline payments, and compliances, among others, at Paytm. Verticals, headed by him, were adversely impacted by the RBI’s ban on Paytm Payments Bank (PPBL) from carrying on new transactions. “Bhavesh Gupta, President and Chief Operating Officer, who was overseeing the payments and lending businesses, has decided to take a career break due to personal reasons. He will be transitioning to an advisory role, offering guidance for Paytm’s growth initiatives until the end of the year,” the statement said. Gupta joined Paytm in August 2020 from Clix Capital, formerly GE Capital.