Paytm Money, the wholly-owned subsidiary of One97 Communications Limited that operates Paytm, has elevated Pravin Jadhav as Managing Director and chief executive officer.
“In last one year, under Pravin’s leadership, the team at Paytm Money has built an entire organisation, product, and business grounds up,” said Vijay Shekhar Sharma, Founder & CEO, Paytm.
“As a true entrepreneur, Pravin has made Paytm Money from an idea to India’s largest mutual fund investment platform today. As our business expands in Stock Broking, NPS, and other investment products, I am very proud that Pravin will lead the company as its Managing Director & CEO.”
Pravin Jadhav, Managing Director & CEO, said, “Everyday we continue to build Paytm Money to manage user’s trust. It has been an exciting journey so far with Paytm Money and I am looking forward to the massive opportunity that lies in front of us to make investments more simpler, transparent and accessible to millions of Indians.”
Before his promotion to the role of MD and CEO, Jadhav was serving as the whole-time director. Prior to joining Paytm Money, he was employed by Servify and Rediff.com and was the founder and CEO of Wishberg.