Till two hours before he actually left the building, nobody had a clue that Pravin Jadhav, the managing director and CEO of Paytm Money, was on his way out. 

Far away from Paytm’s headquarters at B121, Sector 5, in Noida, Uttar Pradesh, Jadhav had spent a tense two months in Bengaluru moving in and out of discussions. First with Vijay Shekhar Sharma, the founder of Paytm, and later with Paytm Money’s board of directors, a mix of employees and loyalists; the only director missing was Cyrus Khambata, the former executive director of Central Depository Services. At the heart of the …