Paytm's Vijay Shekhar Sharma launches Rs 150 crore ConsumerX Ventures for D2C brands
Paytm founder says India's digital payments and mobile economy have significant runway, with no slowdown in transaction growth. He unveiled ConsumerX Ventures, a Rs 150 crore early-stage fund backing digital consumer brands, in partnership with D2C Insider.
What happened
Paytm founder Vijay Shekhar Sharma says India's digital payments and mobile economy have strong room to grow, with no slowdown in transaction volumes. He
Key facts
- Rs 150 crore
Why this matters
Paytm founder's personal D2C fund vehicle could become a strategic sourcing channel for downstream partnerships and acquisitions in digital consumer.