Paytm business chiefs Bipin Kaul, Ajay Singh resign amid restructuring

As Paytm gears up to announce its annual and fourth-quarter results later this month, the Noida-based mobile payments firm is witnessing a wave of high-level departures, with two senior executives stepping down. Ajay Vikram Singh, the Chief Business Officer (CBO) overseeing UPI and User Growth, and Bipin Kaul, the CBO responsible for Offline Payments, are among the latest to resign, according to a report by MoneyControl.

Kaul, with nearly three years at Paytm, played a crucial role in driving the company’s offline digital payments and retail business. His experience spans leadership positions at prominent financial institutions such as IndusInd Bank, IDFC First Bank, and ICICI Bank. Meanwhile, Singh had rejoined Paytm in January this year as CBO of UPI and User Growth.