Paytm has announced the appointment of Sidharth Shakdher as its new Business Head, following his recent departure from Ola Mobility, where he served as Chief Business Officer (CBO). In this pivotal role, Shakdher will work closely with Paytm’s founder and CEO, Vijay Shekhar Sharma, to drive the company’s growth strategy with a keen focus on profitability.
A Wealth of Experience in Diverse Industries
Sidharth Shakdher brings over 25 years of extensive experience to Paytm, having held senior positions at several major companies, including Samsung, Canon, HP, Xerox, and Amazon. His diverse background equips him with a unique perspective on business growth and operational efficiency.
- Key Career Highlights:
- Ola Mobility: Drove profitability in the core mobility business, launched a consumer loans division, and rolled out the Ola Loyalty program and ONDC food delivery service during his nine-month tenure.
- Disney+ Hotstar: Served as EVP and CMO, contributing to the platform’s international expansion and direct-to-consumer strategy.
- Amazon: Oversaw marketing and growth for the U.S. third-party marketplace, enhancing the platform’s competitive edge.
- Reckitt Benckiser: Led marketing efforts for Dettol’s U.S. launch, showcasing his ability to drive brand recognition and market penetration.
Shakdher’s impressive track record in various sectors positions him as a valuable asset for Paytm as it navigates the competitive landscape of digital payments and financial services.
Focus on Growth and Profitability
In his new role at Paytm, Shakdher will be instrumental in scaling the company’s operations while ensuring a strong emphasis on profitability. His experience in driving growth initiatives and implementing effective strategies will be crucial as Paytm seeks to enhance its market position and deliver value to its stakeholders.
The appointment comes at a time when Paytm is looking to strengthen its leadership team and leverage Shakdher’s expertise to capitalize on emerging opportunities in the fintech space. With a focus on innovation and customer-centric solutions, Paytm aims to solidify its standing as a leader in the digital payments ecosystem.
As the company continues to evolve, Shakdher’s leadership is expected to play a significant role in shaping Paytm’s future direction and success.
Comments