Paytm Mall has promoted Rudra Dalmia as Executive Director in a leadership position at the online to offline (O2O) business. He has joined the company earlier this year as a senior vice president (SVP)- Finance.
The offline (O2O) marketplace is backed by investors like China’s Alibaba Group and Japan’s Softbank Vision Fund. The move comes in the wake of the reports of Chief Operating Officer, Amit Sinha, leaving the company.
Paytm founder & CEO Vijay Shekhar Sharma said in a statement that, “I know Rudra as a great entrepreneur and a very seasoned executive since long back. I welcome him to the Paytm family and am proud to see him as a board member of Paytm e-commerce.”
Dalmia will also join the board of the company.
Dalmia is an MBA from Cornell University, he holds over 20 years of experience in areas like asset management, investment banking, private equity, and analytics. He was India head and MD of Danish retail broker Saxo Bank before joining Paytm Mall.