Mumbai, May 4 -- Digital payments and financial services company Paytm announced the exit of its Chief Operating Officer and President Bhavesh Gupta in an official filing to regulatory authorities on May 4.

Gupta said he was stepping down due to personal reasons and expressed belief in Paytms continued success while recognising the strong leadership in payments and financial services that have been cultivated in recent times.

On Guptas resignation, Vijay Shekhar Sharma, founder CEO, Paytm, said, I would like to thank Bhavesh for his contributions and his role in ensuring a smooth transition. Our focus on payments and lending is stronger than ever, and I will work with the seasoned leaders that we have in each of our businesses to execut...