We're as Indian as Maruti: Paytm CEO on Chinese ownership
Vijay Shekhar Sharma, Founder and CEO of online payments platform Paytm, has responded to criticism over China's Alibaba and its affiliate Ant Financial holding a significant stake in the company, saying, "We are as Indian as Maruti is...we are 'India story' in every sense." Alibaba and Ant Financial have invested $680 million in Paytm taking its shareholding to over 40%.