Vijay Shekhar Sharma’s vaulting ambition falls over KYC hurdle & BYJU’s on corporate governance

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  • Опубликовано: 18 апр 2024
  • Go to ground.news/BisboWorld to stay better informed on this story and news stories from around the world. For a limited time only, you can subscribe through my link to get 40% off their unlimited access ‘Vantage’ subscription.
    Check out how RBI used its KYC stick to give PayTM a whack and how Byju's poor governance led his cash rich investors to desert him. A Complete Financial Drama!
    #paytm #byjus #vijayshekharsharma #indianstartup
    Sources
    Times of India
    Byju’s gives up all offices except HQ; Mar 12 2024
    Sharma steps down as Paytm Bank's chairman; Feb 28 2024
    Govt Agencies Flagged Several Violations by Paytm Earlier; Rashmi Rajput & Pratik Bhakta; Feb 5, 2024
    Paytm still karo? How a startup star became a cautionary tale; Feb 5, 2024
    ED probe likely into lapses by Paytm Payments Bank; Feb 4, 2024
    Economic Times
    Decoding the UPI Growth Story through the Eyes of a Duopoly; Pratik Bhakta; Mar 20, 24
    What Byju's Teaches Us; Kiran Somvanshi; Feb 28, 2024
    Screwvala Huddles with Founders to Review Byju's Dispute Impact; Jessica Rajan; Feb 20, 2025
    Post Byju’s, Investors Worried about Governance at Startups; Pranav Mukul & Digbijay Mishra; Feb 11, 2024
    More Violations in Latest Report; Feb 20, 2024
    Byju’s Asset Sale Hangs Fire Amid Investor Flare-ups; Digbijay Mishra; Feb 7, 2024
    Court Relief for Byju's in TLB Lenders' Suit; Digbijay Mishra; Feb 7, 2024
    ED Tapped RBI for More Info on FX Violations by Those Using Paytm; Raghav Ohri PB Feb 6, 2024
    In a Messy Spot, Byju's Puts Messi Deal on Hold; Ratna Bhushan; Feb 5, 2024
    Persistent Non-compliance: RBIGuv Das on Paytm Action; Feb 2,. 2024
    A Reset is on Cards at Byju’s Cap Table Post Rights Issue Value Cut; Digbijay Mishra; Jan 31, 2024
    A bit too hard on PayTm? Nikhil Pahwa; Nov 5, 2023
    Breaches Piling up for 7 Yrs at Paytm Payments Bank; MC Govardhana Rangan; Nov 5, 2023
    Startups Rethink IPOs as Mkts Fall Out of Love withUnicorns; Saloni Shukla & Saikat Das; Nov 7, 2022
    Mint
    Physicswallah’s test: How to stay profitable; Samiksha Goel; Mar 20, 2024
    Will General Atlantic’s ship survive the Byju’s hit? Sneha Shah & Ranjani Raghavan; Mar 4, 2024
    PayTM’s bank is crippled: So what next?; Shayan Ghosh; Mar 15, 2024
    How fears of China link shut the doors on a Paytm venture China fears shut doors on Paytm unit biz; Mihir Mishra & Shayan Ghosh; Feb 9, 2024
    Byju’s investors seek to eject CEO Raveendran, rejig board; Sneha Shah & Ranjani Raghavan; Feb 2, 2024
    Byju’s foreign investors have a curious objection; Jan 30, 2024
    Valuation disquiet over Pai’s Aakash move; Sneha Shah & Ranjani Raghavan; Jan 29, 2024
    Lenders push for Byju’s insolvency; Ranjani Raghavan; Jan 26 2024
    Byju’s problems are a sign of the times as monetary flows tightenInvestors; Sept 21, 2022
    India Today
    Fall of the Icons; MG Arun, Ajay Sukumaran & Sonal Khetrapal; Mar 18, 2024
    CNBC 18
    RBI’s crackdown on Paytm Payments Bank: The inside story; By Ritu Singh; Feb 5, 2024
    Business Standard
    Paytm Payments Bank and RBI ban: What went wrong and the story so far; Raghav Aggarwal, Feb 6, 2024

Комментарии • 102

  • @BisboWorld
    @BisboWorld  Месяц назад +7

    Go to ground.news/BisboWorld to stay better informed on this story and news stories from around the world. For a limited time only, you can subscribe through my link to get 40% off their unlimited access ‘Vantage’ subscription.

  • @desilogic81
    @desilogic81 Месяц назад +83

    In the end corporate greed always assimilate all the ambitions.

    • @sqlxe
      @sqlxe Месяц назад +2

      was about to say that

  • @whyyouneedmyname99
    @whyyouneedmyname99 Месяц назад +28

    Public ney Byjus ko Bye Bolkey uska Juice nikal diya 😅😅😅

  • @pavvu78
    @pavvu78 Месяц назад +64

    Bisbo wants desperately to talk in favor of shady PayTM but finding no excuse to do so.... RBI has done well to regulate those who consider law to be at their feet. Jai Hind

    • @BisboWorld
      @BisboWorld  Месяц назад +3

      Kya baat hai!

    • @adityaK12
      @adityaK12 Месяц назад +3

      ​@@BisboWorldIs this really how you are going to respond?

    • @swarajdash9975
      @swarajdash9975 Месяц назад

      ​@@adityaK12 They're paindus bro, do you expect to respond articulately ?

    • @swarajdash9975
      @swarajdash9975 Месяц назад +1

      The video doesn't pick sides though.

    • @adityaK12
      @adityaK12 Месяц назад

      @@swarajdash9975 I can very clearly see the pro government bias of Bisbo. They have potential , but no guts to really speak the truth.

  • @infinitymarketing3410
    @infinitymarketing3410 Месяц назад +12

    I wanted Bisbo to explain why exactly was the KYC issue that made RBI to take such radical step

    • @BisboWorld
      @BisboWorld  Месяц назад +7

      KYC helps identify individuals and no 2 individuals can have the same papers. But here the same paper like an address prof was used for multiple accounts

    • @venkatgoud8394
      @venkatgoud8394 Месяц назад +4

      😊paytm opened many accounts with 1 pan card, not address proff

  • @RkR2001
    @RkR2001 Месяц назад +5

    Byju massively Chose Lakshmi over Saraswathi especially when in Education - Hence in trouble!

  • @RohanNambiar001
    @RohanNambiar001 Месяц назад +11

    Superb video! Only Bisbo can make such well explained videos!! 🔥

  • @awalrajarora3814
    @awalrajarora3814 Месяц назад +6

    Bisbo animation team should get a raise giving us too good content ❤

  • @shivshome6246
    @shivshome6246 Месяц назад +1

    Great video, Bisbo!

  • @Studentcompanysecretary
    @Studentcompanysecretary Месяц назад +16

    Company secretaries of Byjus and Paytm😎- Game is not over yet We are on Stratergic Revamping of these payment Bank and edtech firm.... 7times down 12times up.

  • @mritunjayshukla-ck2jo
    @mritunjayshukla-ck2jo Месяц назад

    thanks for tellimg me about ground

  • @saadmannoorwasif5071
    @saadmannoorwasif5071 Месяц назад +1

    One of the very few Bisbo videos where I found it hard to understand the story.

  • @dhuryodhankaurav8487
    @dhuryodhankaurav8487 Месяц назад +4

    Aren't big plans for Jio finance on the radar?

  • @jashansogi2641
    @jashansogi2641 Месяц назад +2

    0:11 rbi is also called mint street damn

  • @exoticindiaa
    @exoticindiaa Месяц назад +1

    Do a story on Chandigarh University founder and Rajya Sabha MP Satnam Singh Sandhu, he was once a henchman of former minister Tota Singh, with whose blessing he became a Peddler of Opium and Alcohol, and later opened Educational Institutes

  • @chesthoIe
    @chesthoIe Месяц назад +5

    I wonder what prevents either companies from offering this in the United States that also does not effect India. I get how China did it, as they aren't tied into Apple or Google getting 30% of anything they ever do. How is India doing it?
    Wait, ARE companies in the US doing this, but there just hasn't been widespread adoption?

  • @iam.adityay2k
    @iam.adityay2k 9 дней назад

    Impressive ground news

  • @udaysandewadi4765
    @udaysandewadi4765 Месяц назад

    Amazing explanation

  • @horrortime9406
    @horrortime9406 Месяц назад

    The value of CS making a mark on individuals is now making people feel the importance of governance. It is said to be the backbone, not just on paper, but a duty and matter of business's operational obligation.

  • @aniketdesai5579
    @aniketdesai5579 Месяц назад +8

    Need JLR case study bro 😎

  • @rajeshjadala4926
    @rajeshjadala4926 Месяц назад

    Why the telugu version channel is not available as earlier it was please reply

    • @BisboWorld
      @BisboWorld  Месяц назад +3

      We had to shut it down as it was running in losses

    • @rajeshjadala4926
      @rajeshjadala4926 Месяц назад +2

      @@BisboWorld ohhhh sorry to hear that it was very nice especially content presentation it's our bad luck for not getting it

  • @sangitasissy1833
    @sangitasissy1833 Месяц назад

    Glad to know about Paytm’s downfall. Have not been using it from more than 2 years especially because of the way how their BNPL repayment system worked. They had an option to convert the credit used to EMI then would disable and enable that option as and when they liked without notifying or specifying the situations where it would work and where it would not thus causing customers to be unable to pay back on time so the customers would end up paying huge interests as well receiving harassing phone calls from collection agents who were not at all professional. Regardless of whether they exist or not I’d never use Paytm ever.

  • @manjunathmm-of5ns
    @manjunathmm-of5ns Месяц назад +3

    Hi make video on nhai GPS toll collection

  • @m.krishna2297
    @m.krishna2297 Месяц назад

    Amazing

  • @kirtiadityajena2695
    @kirtiadityajena2695 Месяц назад +1

    Pls make a video on the movie maidaan

  • @FDG754
    @FDG754 Месяц назад +1

    Your voice ❤😊👏👍😍

  • @_natureisgod
    @_natureisgod Месяц назад +1

    These days Union bank linked UPI sucks 😡😡😡😡

  • @user-mn6or8vs3p
    @user-mn6or8vs3p Месяц назад +3

    First comment. Great video Bisbo ❤🔥

  • @mannepalliwilliamcarey6388
    @mannepalliwilliamcarey6388 Месяц назад

    Sir bisbo videos telugu lo upload chystara ur videos are really interesting

  • @sauravpanja2727
    @sauravpanja2727 Месяц назад

    Any idea how to do KYC in PayTm? Its not just happening and there is no help

  • @Anand_Masih
    @Anand_Masih 26 дней назад

    Good

  • @subhashnakkanaboina
    @subhashnakkanaboina Месяц назад

    Excellent video ❤

  • @yuvrajgupta571
    @yuvrajgupta571 Месяц назад +3

    This is their karma they tried to make Education their business which made Saraswati Devi angry

    • @Random_person152
      @Random_person152 Месяц назад +1

      Yes, they started with a good cause but soon turned greedy

    • @Anton-tf9iw
      @Anton-tf9iw Месяц назад

      This distortion started in the West. UK / US worst.

    • @madhavjha3318
      @madhavjha3318 Месяц назад

      They started scaring the poor parents who live in villages by selling them false dreams and FOMO.So many parents even has to lease out their lands to pay BYJUs. Obv this had to happen.

  • @Kaoboys17
    @Kaoboys17 Месяц назад

    Good decision by RBI

  • @unknownking2265
    @unknownking2265 Месяц назад +3

    So, what is happening with paytm?

  • @WeaponArms-nb4gq
    @WeaponArms-nb4gq Месяц назад +1

    Dear Bisbo We Need A News Regarding One Plus Showroom Outlets Is Going To Close On May1st
    Need A News Animation Regarding About On Oneplus.

  • @archismandatta2015
    @archismandatta2015 Месяц назад +1

    Bisbo destroyed this video just like Raveendran destroyed ByJu's by acquisition of multiple assets.

  • @Seekay-oe3qz
    @Seekay-oe3qz Месяц назад +3

    The online education eco system hasn't taken off , it's kinda at the phase of online shopping in the 90's . People still feel more value in campus lectures , ironically the reality is tertiary education centres due to patents can't deliver a up to date syllabus in under grad studies & even post grad companies like alphabet & Amazon have in house systems & hardware developed by their companies. So case in point - COVID may have triggered the online gold mine but wrt education based systems that will work to a point , & then flatten out. The rise tends to fizzle @ a point of maturity , perhaps material content is leaked or 1 account is used by many but for school systems it's not a profitable venture.

  • @swapnilnarendra
    @swapnilnarendra Месяц назад

    11:27 - No Baba! Its the opposite actually. If one pursues Saraswati, Lakshmi does not follow. And vice versa.

  • @putnaik9144
    @putnaik9144 Месяц назад

    Please do a video on the brightcom group scam. It is almost as big as satyam

  • @sairam-uo6pq
    @sairam-uo6pq Месяц назад

    Bro can u please video on SBI ELECTORAL BONDS HOPE SO UR NOT BIASED

  • @user-oe8pc5hw4o
    @user-oe8pc5hw4o Месяц назад

    Byju wanted to global as they wanted residency via investment. That made them too desperate with advertisement and acquisitions

  • @razorr1920
    @razorr1920 Месяц назад +1

    Lol. Since when did post Adani buy NDTV become Left...looks like Ground news is more confusing. 😂😂😂

    • @Anton-tf9iw
      @Anton-tf9iw Месяц назад

      Ground news is another Anglo media dominated club

  • @wayofsamurai5852
    @wayofsamurai5852 Месяц назад +1

    How other share holder lose their money if he goes for 1% peak valuation right issue

    • @Random_person152
      @Random_person152 Месяц назад +2

      They lose in terms of valuation

    • @BisboWorld
      @BisboWorld  Месяц назад +1

      To maintain your proportion you have to invest further in the same proportion, otherwise it will go down

    • @wayofsamurai5852
      @wayofsamurai5852 Месяц назад

      Thankyou​@@BisboWorld

  • @nature.951
    @nature.951 Месяц назад

    Rbi is on other level 😂 they always do hand to hand with government snd also CJI

  • @kumarigadamsetti5048
    @kumarigadamsetti5048 Месяц назад

    Why regional logevege stopped

  • @se7755
    @se7755 Месяц назад +1

    Dear Team Bisbo, now you can ask an AI to cook up limericks for you!
    Example prompt: Compose a limerick on the following theme: "Check out how RBI used its KYC stick to give PayTM a whack and how Byju's poor governance led his cash rich investors to desert him. A Complete Financial Drama!"
    Result:
    There once was a bank named the RBI,
    Whose KYC stick swung with a sigh.
    On PayTM it fell,
    With a regulatory yell,
    As Byju's cash friends said goodbye!
    Cheers!

  • @inbarasansamidurai7974
    @inbarasansamidurai7974 Месяц назад

    Rbi did the right thing, paytm was given more than enough time to correct their mistakes.

  • @lamdastr
    @lamdastr Месяц назад

    Where is bisbo Malayalam???

    • @BisboWorld
      @BisboWorld  Месяц назад +1

      Sorry brother, we are now running only English and Hindi

    • @lamdastr
      @lamdastr Месяц назад

      @@BisboWorld why even channel videos also private

  • @namert294
    @namert294 Месяц назад +5

    BJP IS ALSO THE SAME - OVERHYPED

  • @SachiKrishna-em3vl
    @SachiKrishna-em3vl Месяц назад

    Indias youngest MP first time Prajwal Revanna alleged of a sex scam of 2678 women..... Ran away to abroad...... He kicked a pregnant women of car driver wife on stomach!! Never anybody should do like this

  • @kumarigadamsetti5048
    @kumarigadamsetti5048 Месяц назад

    Y R U telugu dabing stopped

  • @amanagarwal-24
    @amanagarwal-24 Месяц назад +1

    hi

  • @desi20273
    @desi20273 Месяц назад

    U$ department of defense

  • @thesuperstar4470
    @thesuperstar4470 Месяц назад +1

    Can you do in Hindi my English is not very good

  • @raibhilo
    @raibhilo 19 дней назад

    Sly mid rolls 😂
    Atleast own your sponsered content
    Rest amazing Content
    The voice could do a lot better though

  • @mithunmahato309
    @mithunmahato309 Месяц назад

    People cursing byjus bcz of their nasty immoral sales team has little idea on how the already established big insurance banks and mutual fund and real estate companies' sales team works. 😂😂😂
    You are just may be half a decade in the job market. You will learn it soon 😂😂😂😂

  • @soumitraburman
    @soumitraburman Месяц назад

    This company must be shutdown in order to retain Indian talent

  • @themelodies7819
    @themelodies7819 Месяц назад +1

    Bro leaving your video just because of your accent. It's hard to understand. For first minute it was sounding like a regional language of india. And I am outside of india.

    • @BisboWorld
      @BisboWorld  Месяц назад

      Follow subtitles

    • @Anton-tf9iw
      @Anton-tf9iw Месяц назад

      Nonsense, the voice is easy to understand and distinctive.

    • @themelodies7819
      @themelodies7819 Месяц назад

      @@Anton-tf9iw yes because you are also indian.
      It was just a suggestion to the content creator as Its content is very useful and i don't want someone go just of its accent.

    • @hemamalini.s2680
      @hemamalini.s2680 Месяц назад

      ​@@themelodies7819😊

  • @anirbanchowdhury951
    @anirbanchowdhury951 Месяц назад

    Bad typ voice, very fast

  • @Anand_Masih
    @Anand_Masih 18 дней назад

    JESUS CHRIST IS GOD ✝️

  • @rajanimmana3918
    @rajanimmana3918 Месяц назад

    Why bisbo telugu not getting new stories @bisbo

  • @rajanimmana3918
    @rajanimmana3918 Месяц назад

    We need all these stories in Telugu through bisbo telugu please accept my request, you are giving right info with clear animation we need this in telugu for more people better understand…@bisbo telugu

  • @avrakdas
    @avrakdas Месяц назад +1

    Bisbo is nonsense