When Paytm's success story became a case study at Harvard

Vijay Shekhar Sharma recently met the president of Harvard University, Lawrence Bacow, in China.

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Paytm founder Vijay Shekhar Sharma (L), with Harvard University President Lawrence Bacow (R). (Image: Vijay Shekhar Sharma/Twitter)
Vijay Shekhar Sharma is worth a cool $2.6 billion, heading one of India’s biggest start up success stories — Paytm. While his background of Hindi-medium schooling and an engineering degree from the Delhi College of Engineering stands out amid the glossy Ivy League degrees of his contemporaries, life has come a full circle.

The billionaire recently met the president of Harvard University, Lawrence Bacow on the sidelines of an event in China. Sharing photos with the noted academician on Twitter, Sharma wrote, “Though I couldn’t go to Harvard for formal education, today, I met the very inspiring and gracious president of @Harvard. Humbled.”




Ironically though, Sharma was destined for Harvard in one way or another. The journey of Paytm from being a recharge platform to a payments bank became the topic of a case study published by Harvard Business School last year.

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Three people, including Sharma’s one-time personal secretary Sonia Dhawan, were arrested for allegedly stealing personal and confidential data from the founder’s laptop and threatening to leak the information if they were not paid Rs 20 crore. In her 10-year tenure, Dhawan went on to head the corporate communications wing. Post the arrest, Sharma said that Dhawan may have just been a conduit of someone else’s bigger plan.

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Roger s was forced to head to the court after his former housekeeper, Mye Brindle, blackmai led and demanded an undisclosed amount from him after she secretly recorded videos of their sexual encounters. While Rogers said that the affair was consensual, Brindle alleged that the nearly 10-year harassment prompted her to secretly record the act. “I am a victim of my own stupidity, but I am not going to be a victim of a crime — extortion,” Rogers Jr said in a written statement.

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