detection systems we have 110 people there we have been lucky so far we have been working hard for a payment company like ours competition does not come from another payment company it comes from hackerssr whats the life of an indian entrepreneur like we had a tragic suicide recently of the founder of indias largest cafe chain vg siddhartha who described himself as a failed entrepreneurvss in india it is particularly tough entrepreneurship is looked down upon unlike in the us we are just above africa markets in terms of per capita income we have to build a business model for that then there are many rules and regulations sentiments behaviorsiddharthas suicide is heartbreaking for entrepreneurs like meyou have to be far more zen to survive in this country as i said if you build in india you can go build anywhere in the world what do you think is the first thing an indian kid learns that the bus stop is not where the bus will stopsr is there an ipo round the corner some of the most highprofile companies backed by masayoshi son such as uber have gone the ipo routevss masa has never mentioned the word ipo to me we will remain private for the next two or three years for sure i look up to warren buffett masayoshi son and jack ma their ambition is to build huge impact on their markets cities countries business domains they are all market sharecentric what i take from them is first learn to do one thing really well then build the next level of business on top of it thats the common thread were not even on the preparation journey for the ipo which itself takes a couple of yearssr then are you looking to raise fundsvss there is a huge amount of incoming investor interest people with largedollar checks are knocking at our doors once we figure out the business requirement and get the necessary board ok we will raise money we are very wellcapitalized for our business modelsr where is paytm headed in the next few yearsvss paytm is dominating and will dominate indias mobile payments ecosystem paytm payments bank has overtaken indias no 1 mobile bank stateowned lender state bank of india just like ant financial dominates payments in china paytm wants to dominate in india we are getting into insurance and lending weve created worldclass tech that can be replicated both in emerging and developed markets we built payments from the bottom up in japan with made in india technology paypay a joint venture among paytm softbank and yahoo japan today has 10 million customers we will go to the americas and europe bloomberg published on oct 8 2019 at 0827 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators