Nakul Jain resigns as Paytm Payments Services CEO to pursue entrepreneurial stint

Nakul Jain, Managing Director and CEO of Paytm Payments Services Ltd (PPSL) has resigned from the company and has decided to pursue an entrepreneurial journey, according to a statutory filing by One 97 Communications.

PPSL is actively working on identifying a suitable replacement and will announce the new appointment in due course, the filing said adding that in the interim, the company remains focused on driving growth and continuing to meet its business objectives.

“We wish to inform you that Paytm Payments Services Ltd (PPSL) our wholly-owned material subsidiary company has informed us..That Nakul Jain, Managing Director and Chief Executive Officer (CEO) of PPSL, has resigned from his position w.E.F. Close of business hours on March 31, 2025, or an earlier mutually agreed date,” it said.