Nakul Jain steps down as the Paytm Payments Services CEO

Paytm’s Nakul Jain has stepped down as the chief executive of Paytm Payments Services Limited (PPSL) to pursue his own entrepreneurial venture, according to the stock exchange filing of the company filed on Monday.

In its filling, the digital payment platform said it is looking for a replacement. “Nakul Jain, Managing Director and Chief Executive Officer of PPSL, has resigned from his position w.e.f. close of business hours on March 31, 2025 or an earlier mutually agreed date. Mr Jain has decided to pursue an entrepreneurial journey, which has led him to this decision” reads the filing.