Paytm has set up a new entity called Paytm Money Ltd that will offer investment and wealth management products and will invest close to $10 million upfront in the new entity.
Paytm Money is the fourth product from One97’s stable after Paytm Mall, Paytm Payments Bank and Paytm wallet. It will be available as a separate mobile application to users.
Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-
- Paytm is run by One97 Communications Ltd.
- Vijay Shekhar Sharma is the founder of One97 Communications.
Source- The Livemint
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