Vijay Shekhar Sharma: No more cash burn, profitability is in focus: Can VSS deliver for Paytm, and himself?

At a banking event in late December, Paytm founder and CEO Vijay Shekhar Sharma made a nerve-soothing comment — there won’t be any more cash burn at the company. Amid public-market investors’ cry for profitability and criticism of its INR821 crore share buyback plan by some analysts, Sharma seems to be trying to strike the right chord. He has promised that the company will turn Ebitda positive by the September quarter of FY24 and achieve net

( Originally published on Jan 04, 2023 )