Two top Paytm executives resign

Two top executives of Noida-based digital payment company Paytm – Vice Presidents Sujit Mishra and Nitin Sagar have resigned from their position.

paytm

“Mishra and Sagar had resigned last month and currently serving the notice period,” said sources aware of the development.

Mishra was handling ‘recharge’ product and cloud vertical while Sagar was heading QR code-based solutions.

In September, two Senior Vice Presidents Deepak Abbot, Nitin Misra had resigned from the company.

“Maturity of ESOPs and high-pressure situations have been the primary factors for exodus at the top level. More product heads and senior employees are likely to resign as they have been asked to chase unrealistic growth,” sources told to an English daily.

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