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Founder Of Paytm ‘Vijay Shekhar Sharma’ Arrested

Ceo Of Paytm Released On Bail

Founder and CEO of Multinational Company Paytm specialized in Digital Payment Systems, arrested and later released on bail. Last month Delhi Police arrested him under IPC section 279 for rough and negligent driving.

As per the FIR filed, this car crashing incident has taken place outside of ‘The Mother’s International School’. He reportedly hit the car of the DCP while driving his Jaguar Land Rover.

Police booked the FIR, when constable Dipak Kumar filed a complaint of the incident that took place on February 22. Kumar was posted as a driver with DCP ‘Benita Mary Jaiker’.

Ceo Of Paytm Released On Bail

As Per Constable Kumar

When Constable Kumar was contacted he said, “Constable Pradeep, an operator, was with me when we reached Mother’s International School and found a traffic jam there. I saw a gathering of people dropping their children (to school). slowed down and asked Pradeep to get down to clear the traffic.”

“I was waiting when a car came speeding from the side and rammed my vehicle. There was a Haryana registration number plate and the person managed to drive away. Our vehicle got damaged and Pradeep asked me to park on the side of the road. We informed our DCP and she asked me about the car. We told her that we had noted down the number, and then we lodged an FIR at Malviya Nagar police station”, further said.

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Later In Investigation

Later police investigated the incident and found out information about the vehicle. In the FIR, constable Dipak Kumar stated that he “can identify the driver”. With the help of the transport department police traced the car and found out that it “was registered with a Gurgaon-based company.”

Company then told the police that they have given the vehicle to Mr Sharma. Then police called the founder of Paytm to Malviya Nagar Police Station, where he was arrested and later released on bail.


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Rishabh Sharma

Rishabh is an experienced content writer and editor, he is working for Viralbake to cover a diversified range of categories. His articles mainly focus on providing information, being a travel guide, educating others, and also making people aware of technology, after all, he is a technophile. When not writing he can be found gaming, watching movies, and travelling.

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