India: Paytm ropes in Bhavesh Gupta as CEO of lending business

India: Paytm ropes in Bhavesh Gupta as CEO of lending business

Photo: Reuters

One97 Communications Ltd, which operates Paytm, has appointed Bhavesh Gupta as chief executive officer (CEO) of its lending business. In his new role, Bhavesh will develop and expand Paytm’s lending services and help the company create new credit products for customers and SMEs in partnerships with other banks and NBFCs. Gupta will be reporting to Amit Nayyar, President at Paytm.