EXPLAINED - Paytm Broken Beyond Repair? | Can Vijay Shekhar Sharma Save It? | Akash Banerjee
ฝัง
- เผยแพร่เมื่อ 21 พ.ย. 2024
- They were the biggest unicorns of India - leaders in their sectors. Byjus in Edtech and Paytm in Fintech.... both have seen dramatic falls in the last few months - both businesses led by insanely talented & intensely ambitious founders.... but just like in Byjus case - ego & overconfidence got the better of Vijay Shekhar Sharma.
This is the story of the rise and the fall of Paytm - why things would have collapsed anyways - even without the RBI sledgehammer that fell on Paytm Payments Bank.
So what next for VSS and more importantly - what lessons for the startup industry??
#vijayshekharsharma #paytmcash #startupindia
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PAYTM's story is very much like BYJUS (that we had covered) - so many common facts / so many flaws - Will lessons be learnt now??? - th-cam.com/video/guZlrq70AD0/w-d-xo.html
Yes 🙌🏻
Please phone number tha tho aapka sar 🥺🙏 comment reply 🙏🥺🙏🙏😭😭😭🙏🙏🙏
Well analysed
Never made a paytm or any other digital wallet for that matter. I don't trust them for a multitude of reasons. User privacy is one of them. Besides they took off by plastering the face of the Supreme Leader so it was already enough reason for me to NOT trust them.
Never made a paytm or any other digital wallet for that matter. I don't trust them for many reasons. User privacy is one of them. Also, they took off by plastering the face of the Supreme Leader so it was already enough reason for me to not trust them.
Paytm Karo❌
RBI Guidelines follow Karo✅
With Millions of users it's a shame for a Fintech company to violate principles.
All chamchas said Paytm is pay to Modi and then Modi govt brought Paytm down ...... this is called unbiased, clean, corruption free Modi govt which opposition can never replicate.
@@gauravnilay Bhai... Seriously?
@@gauravnilay Bhai tum kis duniya main ji rahe ho 😮
@@gauravnilay tu tension na le Jio digital payment system ane wala hai 😂
Who tells u to even apply ...
I didn't advised my clients even forbid
Paytm if buy Electoral Bonds, all the controversies, irregularities wil Rest in Peace.
😂😅😂
Hmm😅
bro bada soch , unke pass user data hai
Yess😂😂
andhbhakts be like
bas bi karo 😭😭
I was allotted Paytm IPO.
The only loss I ever had in the Share Market.
Speaks volumes
Should have shorted 🌚
Investing in an impo speaks volumes about how bad of an investor you actually are...
@@trololololol1111 relax, people learn from mistakes. we are only human. and you are no exception.
@@blingbling2841 dude is boasting about being a savy investor.... Puts money in IPO's...
लोगों के UPI लेनदेन का डाटा उनके व्यक्तिगत जीवनशैली और राजनैतिक झुकाव की जानकारी भी दे सकता है | यह डाटा यदि सरकार के हाथ लग जाये तो वह अपनी सत्ता बनाए रखने के लिए इसका दुरूपयोग कर सकती है | सरकार यदि कोई सरकारी App ले आती तो तुरंत उस पर आरोप लगता कि वह लोगों की निजी जानकारीयां इकठ्ठा करके लोकतंत्र का हनन कर रही है | इसलिए सरकार ने बीच में प्राइवेट कंपनियों को रख दिया |
पर सरकार के पास इतनी शक्तियां हैं कि वह इन प्राइवेट कंपनियों से डाटा मांग ले, और यदि कंपनी का मालिक ही सरकार का समर्थक हो तो क्या कहना | समस्या यह हो गयी की कंपनी का मालिक अतिउत्साही व्यक्तित्व का निकला | सरकार को भय हुआ कि कहीं अपना आदमी ही गलती न कर दे , इसलिए कंपनी बंद करवा दी | करोडो लोगों का डाटा तो मिल ही चुका है | यही कारण है कि किसी लोकतंत्र में न तो UPI है और न ही AADHAR.
Akash Banerjee is a rare gem
@@StudyPoint-c7u Then why do you watch him bro? Are you anti national? 😂
@@StudyPoint-c7u 🧑🦯🧑🦯🧑🦯
@@StudyPoint-c7u😂😂
@@StudyPoint-c7u but you do watch him
@@parikshitorg he watches him because he gets paid to troll here. its his "rozi roti" 🤣
We Indians are always extremists about everything, it's in our DNA. Never ever we are subtle about anything, we have to do everything with extremism.. This is the reason for the over valuation of every start-up we have, same reason apply for our love and hate for cricketers, celebrities,politicians and whatnot.. We use ❤️ where we should use 🧠. People show us dreams and we fall at their feet. And when the dream shatters, we throw them out like a housefly in milk and start searching for new messiah.
Exactly
It's called mental slavery of submission.
Jor se bolo........
It's not extremism , it's called emotional chutiyapa
That's why we indians have Ghulam mantality
You cooked here
Akash is a gem that teaches lessons with sarcasm. Aapko samajhna bhi ek kala hai.
Keep up the good work....
Byju's and paytm are like live action entrepreneurship lessons for us. Thnx
Such a thorough presentation.
One of the best guy who's doing this kind of work...from politics to these lessons everything is fantastic... great work sir ❤
Nation's wheel is thousands of mid-cap and small-cap companies. Create thousands more, then only we could dream of Vishwaguru.
Well said sir.👏
'fake it till you make it' is a common strategy used by start up tech firms, biggest being TESLA itself.. this becomes serious, however, when you are operating in regulated industries like health or finance
Tesla's case is too complicated to explain / understand....easy is to keep rolling
Wow This Is Real Information For Every Deshbhakt, Thank You Very Much Aakash Sir Ji.💐💐🌹🌹🙏😊🇮🇳🇮🇳
One important thing to learn from byju's and paytm, that the failure doesn't come suddenly....its a long buildup of ignorance.
Sir big big fan of urs. Sab changa C is my favourite dialogue of urs😂 Love u sir huge respect🙏
Need more of such business deep dives focused around relevant companies in India! Great work!
All rounder Deshbhakt ❤
Amazing work, well researched and presented. Thank you for your service 🙏
Most impartial News Papers which i know since 1970s are Indian Express and The Hindoo.....I repeat, only these two....they have courage, conviction, strength, honesty and integrity.....They are not of those only talk big things and have large Corporates in the name of News Papers.....All the best to these two....Entire Country respect you for protecting democracy, justice and impartiality. Jai Hind.
What a coincidence!
I was thinking today about what happened to Paytm, and here Deshbhak bhiya uploaded it today only 😲
Paytm ka failure india ke start-up walon ka failure h ki koi bhi company successfully karo fir bade corporation apko barbad krke apko copy krke aapko kha jayenge ya apko kharid lenge.
Biggest example paytm
The content on this channel is amazing ❤
Really well explained. So many key points for those who are aiming to establish something big.
The first intellectual Hindi TH-cam channel I came across, good job
I agree on what paytm did was wrong according to RBI guidelines and every companies have to follow a regulations strictly, But what VSS did was truly inspiring for generations, it was totally digital revolution of our country, and we have to be proud about that, every one makes mistakes and we have to be careful and have to learn from mistakes, sometimes we can be successful and sometimes it fails , but I have seen so many people who were getting views on paytm success and they are now making videos on it’s failures.
I have seen same kind of videos for Byjus as well, you have to make video on why they fail and what they did wrong instead of mirch and masala, making video is easy compare to make a successful startup.
Paytm is the worst app I ever used. Thank you Akash for giving some lessons about these Frauds.
We Indian have a very common genetic called corruption and shortcut from the core. We do not have honesty and hard work rather think how to make big and unsustained wealth through shortcut and dishonesty. These things will never last long ..
Love from अरुणाचल प्रदेश
Really Impressed with your content and topic selection, hats off bro!!
Superb blog. Well presented ❤
thanks for all your efforts.
Thank you ❤
Yes, Even I was ex employe of paytm and they have forced and harassed me to put down my paper without any compensation
Sir love the way you explain...❤
@thedeshBhakt: This video focuses on all negative aspects of Paytm, where an excellent technology genius tried to build a super app and succeeded and challenges global giants GooglePay, Walmart owned PhonePe, VISA and Mastercard. There have been slippages on compliances, but there have been learnings and positive aspects of paytm, which you could have covered. I am fan of your channel, please look beyond obvious and positive story such as
A. How a person from humble back ground from Aligarh, faught against all odds and built such technology marvel which was recognized globally.
B. How Paytm shifted gears from wallet to UPI to lending and divesified the business
C. How regulator and Government may define corporate Governance standards and SOPs to ensure no other startups do not get into similar situations.
Please make a video on learnings from Paytm for Indian Businesses, due to our negative bias, you are making stories which are covering only negative aspects
You nailed it with your concluding words.
Best Explanation 👌
I have been saying for years that the most admirable tech startups and entrepreneurs in India are in the enterprise tech space, not the consumer tech space. So much oxygen is consumed by hacks like Paytm, Oyo, Ola, Byjus etc., when the attention should have been on companies with a slower and steadier upward trajectory like Zoho, Druva, Innovaccer, Latentview, Tiger Analytics, Fractal, icertis and so many others
Great Episode 👍
Right about Layoffs i work for paytm for 5 year's and there are not job security, they always start layoffs in quater, six months even yearly.
You, Dhruv Rathi and Ravish Ji are the real gem. God bless you all.
Dono ne hi Sandeshkhali par video nahi banaya😒
@@araturi5 .. Ab kya karna video bana kar. Teeno ne jitna educate karna tha logon ko government ke bare me wo kar chuke hai.
Ab Bhagwan ke bharose India hai.
BJP goons are doing everything to come 3rd time to rule us.
Democracy ka majak bana kar diya hai modi ne.
dude the editing is soo good. Is it just by one person
No :) much more than that !!!
I used bhim upi in past and currently using payzapp by hdfc bank i never used paytm.
Recently i watched" jane bhi do yaar " and it was marvellous.and super relatable .
Hats off to u akash u recommended it on morbi case .
I became a fan of naseeruddin shah
Love your vids man
Samajdar Ko Eshara Kafi:
2010 Start + 2015 Alibaba Investment+ 2016 Notebandhi + PaytmAdd + 2021 Paytm-IPO High Value + 2022 onwards Notices + 2022 Alibaba exit + 2023 Jago finance + Before 2024 Action
"Paytm Moto One Nation One App"
( don't disappoint the Boss and their expectations)
Thanks Akash for this episode. This boosts my moral to struggle with artificial growth business models. With a small agrobased start up on slow food movement almost every guest appreciated my initiative but advised to follow multi-expansion model. There were times when I was not able to explain what I mean by organic business planning. Today we are proud to serve society with clear purpose. Your videos are voice for us and reinforce our energy. Keep it up...I have your T Shirt 👕 of evolution...probably this is is time to extend the same to further images of true creative humans 😄 keeping every good thing alive...thanks again
Great details!
EXCELLENT 😊THANKS 😊
Kash Paytm bhi Electoral Bonds de deta
Make a video on successful startups of India🇮🇳
Good episode ❤
Too good & informative
With the impressive rise and fall of paytm,, The business model, catalysts for its rise and points of failure need to be researched and publishied. I believe it can really help the future entrepreneurs. Also, as always, very nice analysis. Thank you Mr. Banerjee.
First 15 minutes of this video is just history, only last 5-7 videos are worth listening
The main thing which I think that Paytm's management is ignoring is the compliance and regulations. Yes, this is the case of the company and they aim to grow at any cost without following the right path and ethics. So, the public needs to be aware of which company is growing but by compliance and ethics.
VSS should've spent some money purchasing Electoral Bonds 😅
😅😅
Lagt hai Sharma ji electoral bond Lena bhul gye.
Amazing one 👍👍👍
Dhruv rathee in India 🦁♥️🔥
Another visionery act on ultra-modern business heros!!!
Thanks Aakash for sharing this. And thank you for appreciating small and medium companies who are not very fancy, started from scratch haven't received any investment and founder's struggle of day to day life. Mine is one such company. We are a makeup line. I'm the founder and CEO. Products are awesome, about 7-8 years of sheer hard work. Still it's so challenging to grow. However our first priority is to abide to laws, paying attention to employees' needs and providing niche products of good quality at affordable prices
Respect sir
@@sumerazulfiqar167thank you. Btw I'm a female founder
Which company?
Very gd content..... 🎉keep it up.
Love you 3000!!
सर जी पेटीम के फेल होने की बहुत खास वजह इलेक्ट्रॉल बांड का ना खरीदना भी है ।
paytm ka sabse bara misteck yahi tha ki kyc ko ingnnor kiya , jiske bajah se other bank ko bhi bahut active hona para , ab harbank kyc par bahut active ho gya hai
thank you RBI for this action
Jai ho Akash Bhai
Keep bringing these videos ❤
Bhaiya ekbar RASTRIYA ISPAT NIGAM LTD ka privatisation jo govt krna cha rha hy kyse profit making company se loss making company mein badal dia uske upar ek chota video hi shi kijiye , 7.2mt capacity ka plant ke pas captive iron ore mine nehi de rha hy taki jyada price se ore purchase krna pade aur bahut shajis chl rha hy lakh cr ke land hadapne ke planning chl rha hy edhar, VEDANTA , JINDAL , ADANI kyse saste mein plant kdridne jaa rha hy shajis ke tahat please cover kijiye chota sa video se hi kijiye please
Apka lakh comment mein ea chup geya to koi baat nhi next video mein phirse comment krunga
Well reviewed and presented Akash
I trust Vijay sir bahut ehsaan h sir ke
You are great man sar.❤❤❤
Great akash ji
Nice job
एक प्रश्न है मेरा इस चैनल से,आपके छह महीने पुराने एक वीडियो को मैने देखा जिसका शीर्षक है (Science ki Maut-2) इसमें आपने कहा की आईआईटी मंडी के प्रोफेसर के रहे हैं की अगर एक अच्छा इंसान बनना है तो मांस खाना छोड़ना पड़ेगा,और आप इस बात को बहुत हल्के में लेते हुए दिख रहे हैं,क्या आपने मांसाहार पर कभी रिसर्च किया है की वो हमारे इकोनॉमिक्स,एनवायरमेंट,और क्लाइमेट चेंज पर कैसे असर डालते हैं,मेरी विनती है आपसे आप इसपर रिसर्च कर एक वीडियो बनाए।
और अंत में बस इतना ही की आप काम बहुत अच्छा कर रहे हैं,ये बहुत हिम्मत का काम है,में इसकी सराहना करता हूं,आपसे बहुत सी बातें पता चली मुझे,जो मुझे पहले मालूम नही थी इसके लिए धन्यवाद🙏
Best wishes akash bhai
Super Bhai ji 💫
“I find myself favoring VSS over BYJU’s, given that both startups were fortunate to have the right product at the right time and place. However, VSS’s journey demanded more commitment and patience, traits that he exhibited and which led to his success in the digital financial realm. I commend him for his entrepreneurial spirit, contrasting with the questionable practices of BYJU’s. Selling fraudulent products with deceitful tactics not only results in short-term gains but also carries significant consequences, as seen in the case of BYJU’s. VSS’s journey stands apart, and I am confident he will overcome any obstacles.
This observation aligns with your analysis of Paytm, where noticeable incompetence, greed, and arrogance have been evident. In an ever-evolving technological landscape, embracing change is paramount to avoid losses. Cybersecurity and adherence to RBI regulations should always remain top priorities, considering the sensitivity of financial transactions.
Additionally, as VSS mentioned regarding wrong advice and blind faith in the team without evaluating the truth. Such tendencies are counterproductive for entrepreneurs and should be avoided.”
Excellent👍
Respect to Deshbhakt
लगता है अच्छे दिन आ गए मित्रों 😅😅😅
What if ptm give bonds to bgp
Bgp?
Profitability is like Oxygen for a company. Burning 'other peoples money' is not a business model.
Growth must match profitability. Otherwise the business is sure to doom.
Paytm was inspired by E-sewa, Nepali fin tech company. E-sewa was established in 2003 and Vijay Shekhar Sharma met the founder of E-sewa in Singapore and copied the idea.
Very good episode, thanks Akash. Eye opener.
Paytm could have sorted out issues with this Govt. easily - unfortunately, SC had declared Electoral Bonds unconstitutional! Till the Govt. and Paytm finds out some other means paytm's problems will continue!
Great Episode, As usual..
Can you create an episode about the Hard working, No Loss, employment generating companies that you mentioned towards the end of the episode.
And yes akash i feel the biggest of all is around us just needs to be looked at .....
If you want to do business in India you have to be a family member of two big 'A's
This has been insightful thankyou for the knowledge
I am still using paytm, working better than phone pe.
Im a small businessman, i have never used paytm. Im proud of it. Jai Hind
Excellent one
Aakash Bhai, references add kr dete to report writing ✍️ m thodi si or jyada help ho jaati 😅, Anyway, thank you so much for these facts 🙏🏻😊
Very informative video bro ❤❤❤
If you are holding paytm share, you are sitting on a time bomb
Why u explain so nicely ❤
Absolutely right
Great video!!
Good sir ❤