Start-up founders urge PM Modi, RBI to reconsider Paytm curbs
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At least 12 start-up founders have penned a letter to Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman, and the Reserve Bank of India (RBI) with regards to crisis at Paytm. Per Moneycontrol, the letter requested a re-evaluation of the recent sanctions imposed by the RBI on Paytm Payments Bank. Signatories include Murugavel Janakiraman of Bharat Matrimony, Deepak Shenoy of CapitalMind, Ritesh Malik of Innov8, Vishal Gondal of GOQii, Yashish Dahiya of PB Fintech and Rajesh Magow of MakeMyTrip.