Vijay Shekhar Sharma, 38, is the richest entrepreneur in India below the age of 40, according to Hurun’s India rich list for 2016. The net worth of Paytm’s founder jumped 162 per cent in the past one year to Rs 7,300 crore, says the report. Hurun magazine focuses on high net-worth individuals in India and China. Hurun’s India rich list for 2016 includes individuals with a minimum net worth of […]

The headquarters of Paytm, India’s largest mobile payment and commerce platform, is located in Noida, but the lifeblood of the company is far, far away. No, it’s not in China where internet giant Alibaba, Paytm’s single largest investor, is based. Alibaba has no doubt been the springboard to Paytm’s rapid growth — the number of users of its app has risen 5 times to 125 million in just 12 months […]