Paytm's Sharma launches Rs 150 cr ConsumerX Ventures fund, sees no slowdown in digital payments
Vijay Shekhar Sharma is betting on India's resilient consumption and AI-driven growth, unveiling ConsumerX Ventures — a Rs 150 crore early-stage fund for digitally native consumer brands. He dismissed concerns of a transaction slowdown, arguing digital payments still have significant headroom.
Paytm founder Vijay Shekhar Sharma sees no slowdown in digital payments, citing AI as a growth multiplier and India's resilient consumption. He launched ConsumerX Ventures, a Rs 150 crore early-stage fund for digitally native consumer brands.
Why this matters
Extends Paytm's leadership push beyond payments after launching Pocket Money on UPI Circle for teens and pumping €9M into its European subsidiary, signaling broader consumer and capital ambitions.
Leadership signals steady at 124 in the last 90 days.