Paytm Launches Two Insurance Companies

Digital payments startup Paytm has launched two insurance companies, Paytm Life Insurance and Paytm General Insurance.

Paytm Founder Vijay Shekhar Sharma, CFO Madhur Deora, and Shankar Prasad Nath are the three signatory stakeholders in both the companies.

Source- Business Standard
Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Paytm is run by One97 Communications Ltd.
  • Vijay Shekhar Sharma is the founder of One97 Communications.
  • One97 Communications in all now have six companies under its umbrella including Paytm, Paytm Money, Paytm Mall and Paytm Payments Bank.