New Delhi, Jan. 29 -- Nakul Jain officially resigned from his role as Paytm Payments Services Limited (PPSL) Managing Director and CEO to launch his entrepreneurial venture according to confirming statements in a stock exchange document by One97 Communications Ltd.

Paytm seeks an appropriate successor for Jain and intends to reveal the new appointment when ready. During this time the company continues to prioritize business objectives and growth strategies.

"Nakul Jain, Managing Director and Chief Executive Officer (CEO) of PPSL has resigned from his position w.e.f. close of business hours on March 31, 2025, or an earlier mutually agreed date," the exchange filing noted.

Since Following his June 2022 PPSL entry Jain took charge of dire...