Paytm Founder & CEO Vijay Shekhar Sharma said, “We feel both excited and humbled by this endorsement. Berkshire’s experience in financial services, and long-term investment horizon, is going to be a huge advantage in Paytm’s journey of bringing 500 million Indians to the mainstream economy through financial inclusion It is my honour to welcome Todd to our board, where he will bring his wealth of experience to guide our management team.”
Todd Combs, Investment Manager, Berkshire Hathaway said, “I have been impressed by Paytm and am excited about being a part of its growth story, as it looks to transform payments and financial services in India.”
Announcing our latest funding round from Berkshire Hathaway. Here’s to a great partnership!