Paytm founder says he’s looking for chances to increase stake

Vijay Shekhar Sharma, the founder and CEO of Paytm, India's largest digital payments company, plans to increase his stake as the company approaches profitability. Sharma recently became the largest shareholder in Paytm after acquiring shares from China's Ant Group. The company recently unveiled a $12 device for making payments and competing with Google and Walmart's PhonePe in India's digital payments market. https://ift.tt/hgXEGla