New Delhi: Paytm CEO Vijay Shekhar Sharma was arrested by the Delhi Police for allegedly ramming into a senior police official’s car in February and later was released on bail.

Paytm employee, responding to the media questions, said that a complaint was filed in connection with an alleged minor motor vehicle incident. “There was no harm caused to any person or property in the said incident.

The founder and CEO of financial technology company Paytm. According to Forbes, he was ranked as the 62nd richest person in India in 2020. The accident happened outside Mother International School, Sri Aurobindo Marg on February 22 when DCP’s driver Constable Dipak Kumar had taken out the car for refueling, said the police officials.