Delhi: Paytm founder Vijay Shekhar Sharma to buy a bungalow in Lutyens

Paytm founder Vijay Shekhar Sharma is going to buy a bungalow in the country’s most expensive area – Lutyens Bungalow Zone in Delhi, reported Economics Times.

The bungalow is reportedly worth a mind-boggling Rs 82-crore. The ET report said: “Sharma has already paid a substantial advance after signing an MoU for a nearly 6,000-sq-ft property in the Lutyens ' zone, though the transaction is not registered yet.”

This year, Vijay Shekhar Sharma along with PM Modi, were the only two Indians to make it to the Annual list of ‘100 most influential people in the world’,

Prime Minister Narendra Modi and Paytm founder Vijay Shekhar Sharma were the only two Indians to make it to an annual list of '100 most influential people in the world' this year released by the Time magazine in April.

He was also ranked 1567 with his net worth of USD 1.3 billion in Forbes richest list in March this year.

Paytm is now backed by the chief of China's Alibaba, Jack Ma, and Sharma is branching out into the more heavily regulated world of banking, with plans to offer digital accounts.