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Indiau2019s most valuable startupu2019s crown jewel Pravin Jadhav has set out to give India another promising startup. During Jadhavu2019s reign at Paytm, he developed one of the most sophisticated financial services boutiques for them. Under Pravinu2019s leadership, Paytm was able to gather a strong force of more than 6 million Paytm Money customers that became one of the reasons for Paytmu2019s success in the world of financial startups.<br><br>For more updates on Paytm Latest News visit us at https://entrackr.com/unitrackr/paytm-news/
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Paytm’s KnightinShiningArmorBuildsHis OwnStartupKingdom LatestStartupNews India’smostvaluablestartup’scrownjewelPravinJadhavhassetouttogiveIndiaanotherpromisingstartup.DuringJadhav’sreignatPaytm,hedevelopedoneofthemostsophisticatedfinancialservicesboutiquesforthem.UnderPravin’sleadership,Paytmwasabletogatherastrongforceofmorethan6millionPaytmMoneycustomersthatbecameoneofthereasonsforPaytm’ssuccessintheworldoffinancial startups. TherearehundredsofmillionsofpeopleinIndiatoday,thatcouldbetheirpotentialconsumersbuttheydon’thaveaccesstofinancialservicesbecausetheyhaveneveravailedthemselvesofanycredit-basedservice.Theyhaveneveroptedforacreditcard,banksdon’ttakeinterestinthemastheyhavenocredithistoryandtheyhaveneverevenbeenawareofinsurancecoversandinvestmentsintomutualfundsorstockstoearnsomecash. Therehavebeennumerousattemptsbylargefirmsandmanyupcoming Indian startupstoreachtheseusersbydevelopinganunderwritingtechnologythatusesalternativedatainordertovalidatethecreditworthinessofapersonwithnocredithistory.It’sahardjobtodoandacapital-intensivebusinessthatcouldmakeorbreakyourdreamsofasuccessfulbusiness.This
kindofideaisexecutedbyonlythebravesbecauseitisbuiltonthepillarsofuncertainties,speculation,andhopetomakeitworkforabetterfutureandfameinbusiness.kindofideaisexecutedbyonlythebravesbecauseitisbuiltonthepillarsofuncertainties,speculation,andhopetomakeitworkforabetterfutureandfameinbusiness. Inaninterviewwithatechjournal,JadhavsaidRaiseFinancialServicesisaimedatcustomerslivingincitiescategorizedasmetros,especiallytier1andtier2citieswhichareurbancities.“Peopleinthesecitieswantfinancialservices,theyareeducatedandhavesomekindofawarenessabouttheseproducts,buttheyarenotbeingservedproperlyandtheyarelackingthekindoflifestyletheydeserveduetoinappropriatefinancial servicesso,theyshouldgetthetreatmenttheydeserveinthefirstplace,”hesaid. Jadhavhasalsoindicatedthathehasalreadygottheseedfundingfromsomeindustrybigshotslike,KunalShahthefounderofCred,KalyanKrishnamurthyfromFlipkart,SameerNigamandRahulCharifromPhonepe,AmrishRaofromPineLabsandCitrusPay,SandeepTandonfromFreechargeandNishchalShettyfromWazirX. Jadhavisexpectingtolaunchthefirstprojectofthestartupbytheendof2021.However,theCovid-19impactonStartupsindicatesthatJadhavmightgetabitlateinthisproject. FormoreupdatesonPaytmLatestNewsvisit us.