Paytm's Vijay Sharma: AI to fuel next wave of India's digital payments, mobile economy
Speaking at the launch of ConsumerX Ventures, a Rs 150 crore fund backing digitally-native consumer brands, Paytm CEO Vijay Shekhar Sharma dismissed slowdown concerns and projected sustained expansion in India's payments and mobile economy, with AI as the key accelerant.
What happened
Paytm CEO Vijay Shekhar Sharma says India's digital payments and mobile economy will see strong expansion driven by AI, dismissing slowdown concerns. He spoke
Key facts
- Rs 150 crore
Why this matters
ConsumerX Ventures' emergence creates a new sourcing channel and potential co-investor for D2C roll-ups, while flagging Paytm-adjacent AI commerce assets as watchlist targets.
Also reported by
- Financial Express · BrandWagon — 9h after first sighting