Digital payments leader Paytm, the brand owned by One97 Communications, has today announced that Vikas Garg, currently Sr. Vice President – Finance has been promoted as Deputy CFO of the company. Vikas has a long association with the company for over a decade and has led the financial operations efficiently.
Recently Paytm had elevated its CFO Madhur Deora as a president in the company giving him expanded roles and responsibilities. The Softbank and Alibaba backed entity is yet to appoint a CFO.
Vijay Shekhar Sharma, Founder & CEO, Paytm, said, "Vikas has been with the company for long and his finance operating skills have grown alongside the company. I congratulate him on becoming Deputy CFO and working with Paytm leadership at the next level.”
Vikas Garg, Deputy CFO, Paytm said, “It has been an exciting journey and a phenomenal learning experience for me. I have tremendous respect for what we are building and I am looking forward to contributing towards our incredible growth. I am fully committed to the vision of our founder to make Paytm the largest and most successful fintech company in India.”
He started his journey with Paytm where he was responsible for setting up and scaling finance processes for Paytm's operations. He also worked on multiple fundraise with Alibaba, Ant financial, SoftBank and Berkshire Hathway. For the last 5 years, he has been leading the finance operations for the group. Vikas is a Chartered Accountant and prior to joining Paytm, he worked with companies like goibibo, ICICI Bank etc.
Vikas has over 20 years of experience in corporate finance, including corporate accounting, business planning & analysis, M&A and overseas expansion. He has also been involved in developing business strategies to achieve organizational goals & developing processes to manage large businesses.