India’s Paytm chief detained briefly for negligent driving: reports

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FILE PHOTO: Paytm founder and CEO Vijay Shekhar Sharma poses for a picture at a clubhouse of a residential building in New Delhi, November 14, 2021. REUTERS/Anushree Fadnavis/File Photo

March 13, 2022

MUMBAI (Reuters) – Indian police briefly detained Vijay Shekhar Sharma, the founder and CEO of the fintech firm Paytm in New Delhi in February for a minor road accident, local media said on Sunday.

A case was registered against Sharma by the New Delhi police for “rashness and negligent driving” said Reuters TV partner ANI.

His car was involved in an accident with a senior police official’s car, both vehicles were impounded and the case was under investigation, local news agency IANS reported.

Media reports said Sharma’s Jaguar Land Rover allegedly rammed into a senior police official’s car. It was not clear who was driving the car during the incident.

A senior…

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