New Delhi, Aug. 6 -- FinTech unicorn Paytm has announced the appointment of Bhavesh Gupta as Chief Executive Officer (CEO) of the company's lending business. Bhavesh will be reporting to Amit Nayyar, President, Paytm. The company said in a release that Bhavesh will develop and expand its lending services. This will strengthen the company's vision of financial inclusion for 500 million Indians. Under his leadership, the company will continue to simplify, innovate, and bring new credit products to millions of Indians and SMEs by partnering with other banks and NBFCs, the release added.

Commenting on the appointment, Amit Nayyar said:

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