Paytm founder compares his challenges to Elon Musk

Paytm, founder, Vijay Shekhar Sharma highlighted how Tesla struggled before reaching great heights

Paytm founder compares his challenges to Elon Musk
Paytm founder , Vijay Shekhar Sharma . Courtesy : Twitter 

Vijay Shekhar Sharma founder and chief executive officer of One Communications Ltd. compared his company to Tesla and linked his challenges to those of Elon Musk in the past. The statement came after the Indian payment start-up endured a rough first-day plunge following its initial public offering (IPO).

The 43-year-old held a four-hour town hall to rally employees who witnessed the company's stock plunge to 27% on Thursday. Sharma boosted his employees and asked them to look past the initial stumble and to pivot on the long-term opportunities for bringing digital payment to the country's rapidly developing internet population.