At an online discussion on Tuesday, Paytm CEO Vijay Shekhar Sharma defended the shareholding of Chinese companies in his company, while also attacking the dominance of American companies in India. When questioned by the stake of Chinese companies in Paytm by Indian Express's Anant Goenka, Sharma said that all of Paytm runs its own software technology platforms and "no shareholder has a say on what we should do" and that "all shareholders are treated as commercial shareholders". Board seats and control are in India's hands, he said, and further, Paytm has shareholders from Japan and the US. Goenka and Sharma were in conversation at IAMAI's India Digital Summit. "Any country that meddles with our functionality should be treated with strong hands. We must not let anyone take advantage of us, east or west," Sharma said. Key takeaways from Sharma's interaction…
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