Can someone explain what just happened to PayTM and if other FinTechs could be subject to something similar?
PAYTM Payments Bank essentially asked to shut shop.
Afaik here are the few implications
That stock is about to crash so fucking hard. Thank god i got out. The crappiest IPO of this decade.
The show cause notice now about misrepresentation of facts. Not sure if they really made so many mistakes, or are being stopped from becoming something for other reasons.
As title says , there are so many narratives going around
Could you give some insight how the management is working upon it
Controversial take below: No doubt that PayTM has been a poster-boy of Indian fintech startups. And Vijay Shekhar Sharma has been an exceptional entrepreneur: building PayTM into a homegrown brand and a multi-billion dollar public compan...
I can't join any of these 11 companies anymore:
PhonePe GooglePay RazorPay PineLabs Cashfree Payments AmazonPay WhatsApp Pay Zerodha Groww Park+ NPCI
What should I do next? I think my career has reached a dead end.
Non compete is not enforceable in India. You should talk to a lawyer friend and understand specifics of your contract...