Nakul Jain, managing director and CEO of Paytm Payments Services Limited (PPSL), will resign on March 31, 2025, to pursue an entrepreneurial venture.

Jain has led PPSL for nearly three years and brings 25 years of banking experience, including leadership roles at Standard Chartered Bank.

Paytm is actively seeking a successor and will announce the appointment soon.

Jain’s departure is part of a broader trend of leadership changes at Paytm and its subsidiaries over the past year.