Speaking symbolically on the foundation day of the 7th JITO Incubation and Innovation Fund (JIIF), Sharma said, "As a founder, my company is like my daughter...As a company, we are maturing. It was...it's just like if a daughter who is a school topper met with an accident while going for the entrance exam...it's that kind of feeling which is a bit personal, an emotional feeling."

In the program he also talked about the lessons learned from the Reserve Bank of India (RBI) action on Paytm Payments Bank.

The CEO admitted that the setback was emotionally challenging on a personal level, but it served as a valuable lesson in juggling responsibilities professionally.

Apart from this, Sharma also talked about his dreams and ambitions and his ups and downs.

He said his personal ambition is to build a $100 billion company, adding that he wants Paytm to be recognized globally as an Indian firm.

Furthermore, he said that listing a company "brings a lot of responsibility and maturity", which has its own value and joy.

Meanwhile, Paytm has seen early signs of recovery and strong stabilization for its Unified Payment Interface (UPI) business, indicating a strong turnaround for the company.

The total value of UPI transactions processed on the Paytm platform increased to Rs 1.24 trillion in May, due to the company launching several initiatives like credit cards on UPI for users as well as pushing the levers on UPI Lite.