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India’s startup rockstar, Paytm’s Sharma, battles regulatory crisis

By Inquirer - 10 months ago
BENGALURU/NEW DELHI  —A rags-to-riches tale, Vijay Shekhar Sharma is no stranger to controversy. Now, India’s startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a backer. Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm‘s valuation after India’s central bank ordered his banking arm

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