Vijay Shekhar Sharma’s vaulting ambition falls over KYC hurdle & BYJU’s on corporate governance

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Ай бұрын

Go to ground.news/BisboWorld to stay better informed on this story and news stories from around the world. For a limited time only, you can subscribe through my link to get 40% off their unlimited access ‘Vantage’ subscription.
Check out how RBI used its KYC stick to give PayTM a whack and how Byju's poor governance led his cash rich investors to desert him. A Complete Financial Drama!
#paytm #byjus #vijayshekharsharma #indianstartup
Sources
Times of India
Byju’s gives up all offices except HQ; Mar 12 2024
Sharma steps down as Paytm Bank's chairman; Feb 28 2024
Govt Agencies Flagged Several Violations by Paytm Earlier; Rashmi Rajput & Pratik Bhakta; Feb 5, 2024
Paytm still karo? How a startup star became a cautionary tale; Feb 5, 2024
ED probe likely into lapses by Paytm Payments Bank; Feb 4, 2024
Economic Times
Decoding the UPI Growth Story through the Eyes of a Duopoly; Pratik Bhakta; Mar 20, 24
What Byju's Teaches Us; Kiran Somvanshi; Feb 28, 2024
Screwvala Huddles with Founders to Review Byju's Dispute Impact; Jessica Rajan; Feb 20, 2025
Post Byju’s, Investors Worried about Governance at Startups; Pranav Mukul & Digbijay Mishra; Feb 11, 2024
More Violations in Latest Report; Feb 20, 2024
Byju’s Asset Sale Hangs Fire Amid Investor Flare-ups; Digbijay Mishra; Feb 7, 2024
Court Relief for Byju's in TLB Lenders' Suit; Digbijay Mishra; Feb 7, 2024
ED Tapped RBI for More Info on FX Violations by Those Using Paytm; Raghav Ohri PB Feb 6, 2024
In a Messy Spot, Byju's Puts Messi Deal on Hold; Ratna Bhushan; Feb 5, 2024
Persistent Non-compliance: RBIGuv Das on Paytm Action; Feb 2,. 2024
A Reset is on Cards at Byju’s Cap Table Post Rights Issue Value Cut; Digbijay Mishra; Jan 31, 2024
A bit too hard on PayTm? Nikhil Pahwa; Nov 5, 2023
Breaches Piling up for 7 Yrs at Paytm Payments Bank; MC Govardhana Rangan; Nov 5, 2023
Startups Rethink IPOs as Mkts Fall Out of Love withUnicorns; Saloni Shukla & Saikat Das; Nov 7, 2022
Mint
Physicswallah’s test: How to stay profitable; Samiksha Goel; Mar 20, 2024
Will General Atlantic’s ship survive the Byju’s hit? Sneha Shah & Ranjani Raghavan; Mar 4, 2024
PayTM’s bank is crippled: So what next?; Shayan Ghosh; Mar 15, 2024
How fears of China link shut the doors on a Paytm venture China fears shut doors on Paytm unit biz; Mihir Mishra & Shayan Ghosh; Feb 9, 2024
Byju’s investors seek to eject CEO Raveendran, rejig board; Sneha Shah & Ranjani Raghavan; Feb 2, 2024
Byju’s foreign investors have a curious objection; Jan 30, 2024
Valuation disquiet over Pai’s Aakash move; Sneha Shah & Ranjani Raghavan; Jan 29, 2024
Lenders push for Byju’s insolvency; Ranjani Raghavan; Jan 26 2024
Byju’s problems are a sign of the times as monetary flows tightenInvestors; Sept 21, 2022
India Today
Fall of the Icons; MG Arun, Ajay Sukumaran & Sonal Khetrapal; Mar 18, 2024
CNBC 18
RBI’s crackdown on Paytm Payments Bank: The inside story; By Ritu Singh; Feb 5, 2024
Business Standard
Paytm Payments Bank and RBI ban: What went wrong and the story so far; Raghav Aggarwal, Feb 6, 2024

Пікірлер: 102

@BisboWorld Ай бұрын

@ABHAYKUMAR-kh4ce Ай бұрын

Your voice is so gayish.

@desilogic81 Ай бұрын

In the end corporate greed always assimilate all the ambitions.

@sqlxe Ай бұрын

was about to say that

@whyyouneedmyname99 Ай бұрын

Public ney Byjus ko Bye Bolkey uska Juice nikal diya 😅😅😅

@pavvu78 Ай бұрын

Bisbo wants desperately to talk in favor of shady PayTM but finding no excuse to do so.... RBI has done well to regulate those who consider law to be at their feet. Jai Hind

@BisboWorld Ай бұрын

Kya baat hai!

@adityaK12 Ай бұрын

@@BisboWorldIs this really how you are going to respond?

@swarajdash9975 Ай бұрын

@@adityaK12 They're paindus bro, do you expect to respond articulately ?

@swarajdash9975 Ай бұрын

The video doesn't pick sides though.

@adityaK12 Ай бұрын

@@swarajdash9975 I can very clearly see the pro government bias of Bisbo. They have potential , but no guts to really speak the truth.

@infinitymarketing3410 Ай бұрын

I wanted Bisbo to explain why exactly was the KYC issue that made RBI to take such radical step

@BisboWorld Ай бұрын

KYC helps identify individuals and no 2 individuals can have the same papers. But here the same paper like an address prof was used for multiple accounts

@venkatgoud8394 Ай бұрын

😊paytm opened many accounts with 1 pan card, not address proff

@RkR2001 Ай бұрын

Byju massively Chose Lakshmi over Saraswathi especially when in Education - Hence in trouble!

@RohanNambiar001 Ай бұрын

Superb video! Only Bisbo can make such well explained videos!! 🔥

@BisboWorld Ай бұрын

🙏🙏

@awalrajarora3814 Ай бұрын

Bisbo animation team should get a raise giving us too good content ❤

@Studentcompanysecretary Ай бұрын

Company secretaries of Byjus and Paytm😎- Game is not over yet We are on Stratergic Revamping of these payment Bank and edtech firm.... 7times down 12times up.

@shivshome6246 Ай бұрын

Great video, Bisbo!

@mritunjayshukla-ck2jo Ай бұрын

thanks for tellimg me about ground

@dhuryodhankaurav8487 Ай бұрын

Aren't big plans for Jio finance on the radar?

@exoticindiaa Ай бұрын

Do a story on Chandigarh University founder and Rajya Sabha MP Satnam Singh Sandhu, he was once a henchman of former minister Tota Singh, with whose blessing he became a Peddler of Opium and Alcohol, and later opened Educational Institutes

@sauravsharma5211 Ай бұрын

Interesting!

@saadmannoorwasif5071 Ай бұрын

One of the very few Bisbo videos where I found it hard to understand the story.

@sangitasissy1833 Ай бұрын

Glad to know about Paytm’s downfall. Have not been using it from more than 2 years especially because of the way how their BNPL repayment system worked. They had an option to convert the credit used to EMI then would disable and enable that option as and when they liked without notifying or specifying the situations where it would work and where it would not thus causing customers to be unable to pay back on time so the customers would end up paying huge interests as well receiving harassing phone calls from collection agents who were not at all professional. Regardless of whether they exist or not I’d never use Paytm ever.

@chesthoIe Ай бұрын

I wonder what prevents either companies from offering this in the United States that also does not effect India. I get how China did it, as they aren't tied into Apple or Google getting 30% of anything they ever do. How is India doing it? Wait, ARE companies in the US doing this, but there just hasn't been widespread adoption?

@jashansogi2641 Ай бұрын

0:11 rbi is also called mint street damn

@udaysandewadi4765 Ай бұрын

Amazing explanation

@aniketdesai5579 Ай бұрын

Need JLR case study bro 😎

@rajeshjadala4926 Ай бұрын

Why the telugu version channel is not available as earlier it was please reply

@BisboWorld Ай бұрын

We had to shut it down as it was running in losses

@rajeshjadala4926 Ай бұрын

@@BisboWorld ohhhh sorry to hear that it was very nice especially content presentation it's our bad luck for not getting it

@horrortime9406 Ай бұрын

The value of CS making a mark on individuals is now making people feel the importance of governance. It is said to be the backbone, not just on paper, but a duty and matter of business's operational obligation.

@m.krishna2297 Ай бұрын

Amazing

@iam.adityay2k 4 күн бұрын

Impressive ground news

@FDG754 Ай бұрын

Your voice ❤😊👏👍😍

@manjunathmm-of5ns Ай бұрын

Hi make video on nhai GPS toll collection

@Anand_Masih 21 күн бұрын

Good

@kirtiadityajena2695 Ай бұрын

Pls make a video on the movie maidaan

@mannepalliwilliamcarey6388 29 күн бұрын

Sir bisbo videos telugu lo upload chystara ur videos are really interesting

@Seekay-oe3qz Ай бұрын

The online education eco system hasn't taken off , it's kinda at the phase of online shopping in the 90's . People still feel more value in campus lectures , ironically the reality is tertiary education centres due to patents can't deliver a up to date syllabus in under grad studies & even post grad companies like alphabet & Amazon have in house systems & hardware developed by their companies. So case in point - COVID may have triggered the online gold mine but wrt education based systems that will work to a point , & then flatten out. The rise tends to fizzle @ a point of maturity , perhaps material content is leaked or 1 account is used by many but for school systems it's not a profitable venture.

@BisboWorld Ай бұрын

Well analysed

@sauravpanja2727 Ай бұрын

Any idea how to do KYC in PayTm? Its not just happening and there is no help

@subhashnakkanaboina Ай бұрын

Excellent video ❤

@BisboWorld Ай бұрын

Thank you very much!

@_natureisgod Ай бұрын

These days Union bank linked UPI sucks 😡😡😡😡

@WeaponArms-nb4gq Ай бұрын

Dear Bisbo We Need A News Regarding One Plus Showroom Outlets Is Going To Close On May1st Need A News Animation Regarding About On Oneplus.

@unknownking2265 Ай бұрын

So, what is happening with paytm?

@BisboWorld Ай бұрын

It will survive

@archismandatta2015 Ай бұрын

Bisbo destroyed this video just like Raveendran destroyed ByJu's by acquisition of multiple assets.

@BisboWorld Ай бұрын

Lol

@sairam-uo6pq Ай бұрын

Bro can u please video on SBI ELECTORAL BONDS HOPE SO UR NOT BIASED

@yuvrajgupta571 Ай бұрын

This is their karma they tried to make Education their business which made Saraswati Devi angry

@Random_person152 Ай бұрын

Yes, they started with a good cause but soon turned greedy

@Anton-tf9iw Ай бұрын

This distortion started in the West. UK / US worst.

@madhavjha3318 Ай бұрын

They started scaring the poor parents who live in villages by selling them false dreams and FOMO.So many parents even has to lease out their lands to pay BYJUs. Obv this had to happen.

@user-mn6or8vs3p Ай бұрын

First comment. Great video Bisbo ❤🔥

@user-oe8pc5hw4o Ай бұрын

Byju wanted to global as they wanted residency via investment. That made them too desperate with advertisement and acquisitions

@kumarigadamsetti5048 Ай бұрын

Why regional logevege stopped

@putnaik9144 Ай бұрын

Please do a video on the brightcom group scam. It is almost as big as satyam

@Kaoboys17 Ай бұрын

Good decision by RBI

@wayofsamurai5852 Ай бұрын

How other share holder lose their money if he goes for 1% peak valuation right issue

@Random_person152 Ай бұрын

They lose in terms of valuation

@BisboWorld Ай бұрын

To maintain your proportion you have to invest further in the same proportion, otherwise it will go down

@wayofsamurai5852 Ай бұрын

Thankyou@@BisboWorld

@swapnilnarendra Ай бұрын

11:27 - No Baba! Its the opposite actually. If one pursues Saraswati, Lakshmi does not follow. And vice versa.

@se7755 Ай бұрын

Dear Team Bisbo, now you can ask an AI to cook up limericks for you! Example prompt: Compose a limerick on the following theme: "Check out how RBI used its KYC stick to give PayTM a whack and how Byju's poor governance led his cash rich investors to desert him. A Complete Financial Drama!" Result: There once was a bank named the RBI, Whose KYC stick swung with a sigh. On PayTM it fell, With a regulatory yell, As Byju's cash friends said goodbye! Cheers!

@razorr1920 Ай бұрын

Lol. Since when did post Adani buy NDTV become Left...looks like Ground news is more confusing. 😂😂😂

@Anton-tf9iw Ай бұрын

Ground news is another Anglo media dominated club

@nature.951 Ай бұрын

Rbi is on other level 😂 they always do hand to hand with government snd also CJI

@amanagarwal-24 Ай бұрын

@inbarasansamidurai7974 Ай бұрын

Rbi did the right thing, paytm was given more than enough time to correct their mistakes.

@kumarigadamsetti5048 Ай бұрын

Y R U telugu dabing stopped

@namert294 Ай бұрын

BJP IS ALSO THE SAME - OVERHYPED

@desi20273 Ай бұрын

U$ department of defense

@lamdastr Ай бұрын

Where is bisbo Malayalam???

@BisboWorld Ай бұрын

Sorry brother, we are now running only English and Hindi

@lamdastr Ай бұрын

@@BisboWorld why even channel videos also private

@thesuperstar4470 Ай бұрын

Can you do in Hindi my English is not very good

@BisboWorld Ай бұрын

Doing

@SachiKrishna-em3vl Ай бұрын

Indias youngest MP first time Prajwal Revanna alleged of a sex scam of 2678 women..... Ran away to abroad...... He kicked a pregnant women of car driver wife on stomach!! Never anybody should do like this

@themelodies7819 Ай бұрын

Bro leaving your video just because of your accent. It's hard to understand. For first minute it was sounding like a regional language of india. And I am outside of india.

@BisboWorld Ай бұрын

Follow subtitles

@Anton-tf9iw Ай бұрын

Nonsense, the voice is easy to understand and distinctive.

@themelodies7819 Ай бұрын

@@Anton-tf9iw yes because you are also indian. It was just a suggestion to the content creator as Its content is very useful and i don't want someone go just of its accent.

@hemamalini.s2680 Ай бұрын

@@themelodies7819😊

@raibhilo 14 күн бұрын

Sly mid rolls 😂 Atleast own your sponsered content Rest amazing Content The voice could do a lot better though

@mithunmahato309 Ай бұрын

People cursing byjus bcz of their nasty immoral sales team has little idea on how the already established big insurance banks and mutual fund and real estate companies' sales team works. 😂😂😂 You are just may be half a decade in the job market. You will learn it soon 😂😂😂😂

@soumitraburman Ай бұрын

This company must be shutdown in order to retain Indian talent

@anirbanchowdhury951 28 күн бұрын

Bad typ voice, very fast

@Anand_Masih 13 күн бұрын

JESUS CHRIST IS GOD ✝️

@rajanimmana3918 Ай бұрын

Why bisbo telugu not getting new stories @bisbo

@rajanimmana3918 Ай бұрын

We need all these stories in Telugu through bisbo telugu please accept my request, you are giving right info with clear animation we need this in telugu for more people better understand…@bisbo telugu

@avrakdas Ай бұрын

Bisbo is nonsense