Mumbai: In a significant leadership transition, Shreyas Srinivasan, chief product officer (CPO) of Paytm and founder of Paytm Insider, has resigned following Zomato’s acquisition of the ticketing platform. This move marks a pivotal moment in the evolving landscape of India’s digital entertainment and fintech sectors.

Srinivasan, who co-founded Insider.in in 2014, played a crucial role in shaping India’s live entertainment ticketing industry. Under his leadership, the platform expanded its offerings to include a diverse range of events, from stand-up comedy shows to adventure treks, catering to a broad audience base. In 2017, Paytm acquired a majority stake in Insider.in, integrating it into its ecosystem and rebranding it as Paytm Insider.

The recent acquisition of Paytm Insider by Zomato signifies the food delivery giant’s strategic entry into the live events and entertainment sector. This move aligns with Zomato’s broader vision to diversify its services and enhance user engagement beyond food delivery.

Srinivasan’s departure raises questions about the future direction of Paytm’s product development and its strategy in the entertainment domain. His resignation follows a series of leadership changes within Paytm, including the exit of president and COO Bhavesh Gupta earlier this year.