Two ex-Googlers to head Paytm’s cloud, advertising business

BENGALURU: Digital payments firm Paytm has hired two executives from technology leader Google to head its cloud offering and advertising business, continuing with efforts to strengthen top leadership. Ankit Sinha and Praveen Sharma will report directly to Paytm founder Vijay Shekhar Sharma.

These appointments come after Paytm elevated chief financial officer Madhur Deora as its new president and brought on board Pravin Nayyar, a former Goldman Sachs top executive, as president of its financial services business. Last week, Pravin Jadhav, who was heading Paytm Money, was also re-designated chief executive officer of the mutual funds distribution company. A Paytm spokesperson said Sinha had joined the company as vice president for Paytm AI Cloud. He will be responsible for commercial exploitation of Paytm Cloud, artificial intelligence and machine learning technology, which it was using for internal needs till now. Prior to this, Sinha was regional business lead at Google Cloud.