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Why is Paytm India's Top Startup?

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Paytm was launched in 2010 as an Indian start up. The original service of Paytm was to help users to make their bill payments and recharge mobile phones, while earning reward point. In this post we will see the reason why Paytm is considerd the top indian startup and get more details about this startup. What is Paytm? Paytm was founded by Vijay Shekhar Sharma, in Noida with an initial investment of $2 million. Paytm's parent company One97 Communications which is also owned by Vijay Shekhar Sharma was started in 2000 and operates into multiple fields. Who owns Paytm? Paytm has been backed by Jack Maa's Alibaba and Ratan Tata of the infamous TATA Group. Although partially owned by Chinese company Alibaba, Paytm remains an Indian company with majority of stake holders being Indians (primarily Ratan Tata and Vijay Shekhar Sharma himself.  What got Paytm the required boost? Paytm added a lot of features in 2013 and moved from a mobile and DTH recharge service to an online payment pl...

Your competition can buy your technology but not the resilient mindset of your Employees

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Corporate leaders cannot build a resilient organization without a resilient workforce. Fred Luthans, professor of Organizational Behavior at University of Nebraska says “The true value of a company is no longer the tangible assets or even its technological processes. It lies in the human capital and underlying psychological capital. Anyone can buy your technology or obtain money from financial markets, but cannot buy employee motivation, engagement, confidence, resiliency, hope and optimism. Franck Riboud is one such leader who wants to boost his firm’s psychological capital. Riboud is the CEO of Danone, a French multinational that is one of the world’s largest suppliers of dairy products and bottled waters. In India, Danone is known in the North markets for its yogurt and lassi products. Danone is the company to launch Yakult the probiotic drink in India. Riboud believes that his 92 year old company is facing 2 major challenges, 1. Consumers around the world are looking for afford...