“For me, the public listing was a sort of graduation, and taking Paytm to break-even and to profits gives me a clarity of purpose.” “We’re earnestly chasing the $1 billion goal,” he said during an hours-long conversation last week at Paytm’s new chrome-and-glass headquarters in Noida, outside New Delhi, in a vast green expanse filled with wandering cattle. The brand, known formally as One97 Communications Ltd., is also shifting its attention from growth toward profitability, Sharma said in his first extensive interview following the high-profile public debut in November. The digital-payments provider is set to become India’s first internet company to hit $1 billion in annual revenue by the end of this fiscal year in March, said Vijay Shekhar Sharma, 44. Now its founder promises a sharpened focus on financial performance to convince investors of the money-losing company’s prospects. Paytm was the poster boy for India’s tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industry’s crash. Still, as a nurturer of indie talent, and a producer who turned the actors and writers he worked with into stars, his influence has long outlived his presence on Hollywood backlots.Vijay Sharma founded Paytm parent One97 Communications over two decades ago. Postman was the last film he produced, and though he continued writing and directing for two more decades, none of his later projects connected with audiences as his early work had. Though the film was reasonably well received, Rafelson's career, by that time, was mostly in the rear-view mirror. Also on the set was a young first-time screenwriter named David Mamet. In Postman, Rafelson teamed his leading man with Jessica Lange, who was having trouble getting substantial roles after her debut in the remake of King Kong. And it served as a model for the sort of independent, introspective films these two men would specialize in - six in all, including a remake of The Postman Always Rings Twice, based on the noir novel by James M. And it brought out a vulnerability in Nicholson that feels, in retrospect, like a revelation.įive Easy Pieces was nominated for four Oscars, including Best Actor for Nicholson, and best picture and screenplay for Rafelson. The film, for which Rafelson came up with the story, is subtle and thoughtful, with something of Chekhov to it. Though that widely imitated scene is comic, Five Easy Pieces is something of a tragicomedy – the story of a once-brilliant classical pianist who's been knocking around as a rough-mannered oil-rigger, but is caught up short by the news that his father is dying. In just a few years, Rafelson's company produced Dennis Hopper's groundbreaking Easy Rider, Peter Bogdanovich's black and white masterwork The Last Picture Show, the Oscar-winning Vietnam documentary Hearts and Minds, and Rafelson's own road-trip film, Five Easy Pieces, probably best known for a scene in which Jack Nicholson finds a complicated work-around for a roadside diner's no-substitutions policy. Still, it was his success as co-creator of The Monkees that helped bankroll the production company that made him a central figure of what was known as the American New Wave. When your showbiz calling-card is that you helped invent a TV boy-band to spoof the Beatles, nobody expects you to turn around and pioneer a whole new filmmaking style. He spent his career upending conventions, though his breakthrough project didn't suggest he'd do that. Bob Rafelson, the maverick producer/writer/director who rode the counterculture groundswell of the 1960s and '70s as deftly as anyone in Hollywood, died on Saturday at his home in Aspen, Colo.
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