Paytm CEO Nakul Jain steps down, to pursue entrepreneurial journey

Paytm Payments Services Limited (PPSL), the payments arm of One97 Communications, announced that its Managing Director and CEO, Nakul Jain, has resigned from his position at the close of business hours on 31 March 2025. In an exchange filing, the company revealed that Jain’s decision stems from his desire to embark on an entrepreneurial journey. The departure date could be earlier if mutually agreed upon.

The company has initiated the search for a successor. “PPSL is actively working to identify a suitable replacement and will announce the new appointment in due course. Meanwhile, the company remains committed to driving growth and achieving its business objectives,” Paytm Payments Services stated.