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

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  • Опубліковано 18 кві 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

КОМЕНТАРІ • 101

  • @BisboWorld
    @BisboWorld  Місяць тому +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 Місяць тому +83

    In the end corporate greed always assimilate all the ambitions.

    • @sqlxe
      @sqlxe Місяць тому +2

      was about to say that

  • @whyyouneedmyname99
    @whyyouneedmyname99 Місяць тому +28

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

  • @pavvu78
    @pavvu78 Місяць тому +63

    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  Місяць тому +2

      Kya baat hai!

    • @adityaK12
      @adityaK12 Місяць тому +3

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

    • @swarajdash9975
      @swarajdash9975 25 днів тому

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

    • @swarajdash9975
      @swarajdash9975 25 днів тому +1

      The video doesn't pick sides though.

    • @adityaK12
      @adityaK12 25 днів тому

      @@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 Місяць тому +12

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

    • @BisboWorld
      @BisboWorld  Місяць тому +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 Місяць тому +4

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

  • @RkR2001
    @RkR2001 Місяць тому +5

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

  • @RohanNambiar001
    @RohanNambiar001 Місяць тому +11

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

  • @awalrajarora3814
    @awalrajarora3814 Місяць тому +6

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

  • @shivshome6246
    @shivshome6246 Місяць тому +1

    Great video, Bisbo!

  • @Studentcompanysecretary
    @Studentcompanysecretary Місяць тому +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 Місяць тому

    thanks for tellimg me about ground

  • @dhuryodhankaurav8487
    @dhuryodhankaurav8487 Місяць тому +4

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

  • @jashansogi2641
    @jashansogi2641 Місяць тому +2

    0:11 rbi is also called mint street damn

  • @chesthoIe
    @chesthoIe Місяць тому +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?

  • @saadmannoorwasif5071
    @saadmannoorwasif5071 Місяць тому +1

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

  • @exoticindiaa
    @exoticindiaa Місяць тому +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

  • @sangitasissy1833
    @sangitasissy1833 Місяць тому

    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.

  • @udaysandewadi4765
    @udaysandewadi4765 Місяць тому

    Amazing explanation

  • @horrortime9406
    @horrortime9406 Місяць тому

    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.

  • @manjunathmm-of5ns
    @manjunathmm-of5ns Місяць тому +3

    Hi make video on nhai GPS toll collection

  • @FDG754
    @FDG754 Місяць тому +1

    Your voice ❤😊👏👍😍

  • @user-mn6or8vs3p
    @user-mn6or8vs3p Місяць тому +3

    First comment. Great video Bisbo ❤🔥

  • @aniketdesai5579
    @aniketdesai5579 Місяць тому +8

    Need JLR case study bro 😎

  • @m.krishna2297
    @m.krishna2297 Місяць тому

    Amazing

  • @_natureisgod
    @_natureisgod Місяць тому +1

    These days Union bank linked UPI sucks 😡😡😡😡

  • @kirtiadityajena2695
    @kirtiadityajena2695 Місяць тому +1

    Pls make a video on the movie maidaan

  • @yuvrajgupta571
    @yuvrajgupta571 Місяць тому +3

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

    • @Random_person152
      @Random_person152 Місяць тому +1

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

    • @Anton-tf9iw
      @Anton-tf9iw Місяць тому

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

    • @madhavjha3318
      @madhavjha3318 Місяць тому

      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.

  • @sauravpanja2727
    @sauravpanja2727 Місяць тому

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

  • @subhashnakkanaboina
    @subhashnakkanaboina Місяць тому

    Excellent video ❤

  • @rajeshjadala4926
    @rajeshjadala4926 Місяць тому

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

    • @BisboWorld
      @BisboWorld  Місяць тому +3

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

    • @rajeshjadala4926
      @rajeshjadala4926 Місяць тому +2

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

  • @Anand_Masih
    @Anand_Masih 15 днів тому

    Good

  • @Seekay-oe3qz
    @Seekay-oe3qz Місяць тому +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.

  • @mannepalliwilliamcarey6388
    @mannepalliwilliamcarey6388 24 дні тому

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

  • @kumarigadamsetti5048
    @kumarigadamsetti5048 Місяць тому

    Why regional logevege stopped

  • @user-oe8pc5hw4o
    @user-oe8pc5hw4o Місяць тому

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

  • @se7755
    @se7755 29 днів тому +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!

  • @unknownking2265
    @unknownking2265 Місяць тому +3

    So, what is happening with paytm?

  • @Kaoboys17
    @Kaoboys17 24 дні тому

    Good decision by RBI

  • @WeaponArms-nb4gq
    @WeaponArms-nb4gq Місяць тому +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.

  • @SachiKrishna-em3vl
    @SachiKrishna-em3vl Місяць тому

    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

  • @swapnilnarendra
    @swapnilnarendra Місяць тому

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

  • @archismandatta2015
    @archismandatta2015 Місяць тому +1

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

  • @sairam-uo6pq
    @sairam-uo6pq 28 днів тому

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

  • @nature.951
    @nature.951 26 днів тому

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

  • @razorr1920
    @razorr1920 Місяць тому +1

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

    • @Anton-tf9iw
      @Anton-tf9iw Місяць тому

      Ground news is another Anglo media dominated club

  • @putnaik9144
    @putnaik9144 Місяць тому

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

  • @wayofsamurai5852
    @wayofsamurai5852 Місяць тому +1

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

    • @Random_person152
      @Random_person152 Місяць тому +2

      They lose in terms of valuation

    • @BisboWorld
      @BisboWorld  Місяць тому +1

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

    • @wayofsamurai5852
      @wayofsamurai5852 Місяць тому

      Thankyou​@@BisboWorld

  • @inbarasansamidurai7974
    @inbarasansamidurai7974 Місяць тому

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

  • @kumarigadamsetti5048
    @kumarigadamsetti5048 Місяць тому

    Y R U telugu dabing stopped

  • @namert294
    @namert294 Місяць тому +5

    BJP IS ALSO THE SAME - OVERHYPED

  • @amanagarwal-24
    @amanagarwal-24 Місяць тому +1

    hi

  • @lamdastr
    @lamdastr Місяць тому

    Where is bisbo Malayalam???

    • @BisboWorld
      @BisboWorld  Місяць тому +1

      Sorry brother, we are now running only English and Hindi

    • @lamdastr
      @lamdastr Місяць тому

      @@BisboWorld why even channel videos also private

  • @thesuperstar4470
    @thesuperstar4470 Місяць тому +1

    Can you do in Hindi my English is not very good

  • @mithunmahato309
    @mithunmahato309 Місяць тому

    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 Місяць тому

    This company must be shutdown in order to retain Indian talent

  • @desi20273
    @desi20273 Місяць тому

    U$ department of defense

  • @themelodies7819
    @themelodies7819 Місяць тому +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  Місяць тому

      Follow subtitles

    • @Anton-tf9iw
      @Anton-tf9iw Місяць тому

      Nonsense, the voice is easy to understand and distinctive.

    • @themelodies7819
      @themelodies7819 Місяць тому

      @@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 Місяць тому

      ​@@themelodies7819😊

  • @raibhilo
    @raibhilo 9 днів тому

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

  • @anirbanchowdhury951
    @anirbanchowdhury951 22 дні тому

    Bad typ voice, very fast

  • @Anand_Masih
    @Anand_Masih 7 днів тому

    JESUS CHRIST IS GOD ✝️

  • @rajanimmana3918
    @rajanimmana3918 Місяць тому

    Why bisbo telugu not getting new stories @bisbo

  • @rajanimmana3918
    @rajanimmana3918 Місяць тому

    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 Місяць тому +1

    Bisbo is nonsense