The question reads, “Vijay Shekhar Sharma founded the fast-rising mobile wallet Paytm in 2011. One of the biggest beneficiaries of India’s 2016 demonetization, Paytm has notched up 400 million users and 25 million transactions daily. Explain in detail, any two qualities of an entrepreneur based on this case study”.
It appeared in the artificial intelligence pre-board examination paper for Class 10 students in Delhi Public School, Gurugram. The question is a reflection of the company’s significant impact on the Indian economy and society. It not only recognises entrepreneurial qualities of Sharma but also encourages students to think about the role of entrepreneurs in shaping the business landscape.
Paytm’s innovative approach to mobile payments has made it a household name and has played a key role in making digital payments mainstream in the country. In a recent episode of Kaun Banega Crorepati, an audio-based question using a past interview of the Paytm founder enabled the contestant to win Rs 1,60,000. This is a testament to the acclaim received by Vijay Shekhar Sharma. In the audio clip, Sharma lauds the miracle of technology and exclaims about India becoming digitised in a month’s time.
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