India’s startup rockstar, Paytm CEO Vijay Shekhar Sharma, battles regulatory crisis – The Print

Now, India s startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a backer Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm s valuation after India s central bank ordered his banking arm to stop most of it operations from March 1 for persistent noncompliance and supervisory concerns