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According to an exchange filing, Jain’s resignation is driven by his desire to pursue an entrepreneurial venture. The departure may occur sooner if mutually agreed upon by both parties.
News18
Paytm Payments Services Limited (PPSL), the payments division of One97 Communications, announced that its Managing Director and CEO, Nakul Jain, will step down from his position at the close of business on March 31, 2025. According to an exchange filing, Jain’s resignation is driven by his desire to pursue an entrepreneurial venture. The departure may occur sooner if mutually agreed upon by both parties.
The company has already begun the process of finding a successor. “PPSL is actively working on identifying a suitable replacement and will make the announcement in due course. In the meantime, the company remains focused on driving growth and achieving its business objectives,” said Paytm Payments Services.