‘Should have done better … now learnt the lesson,’ says Paytm founder

Paytm should have fulfilled its responsibilities in a “much better” manner, founder and chief executive Vijay Shekhar Sharma said on Saturday, in the context of the Reserve Bank of India’s January 31 order asking Paytm Payments Bank to halt its banking services.

“The company for me is like a daughter…we were getting mature, going towards full profitability, generating free cash and so on. I saw it as a daughter on the way for an important entrance test, but met with an accident, and in a way is in ICU right now. That was the feeling from a personal, emotional (point of view),” Sharma said, while speaking at an event organised by JITO Innovation and Incubation Foundation in New Delhi.