Paytm Money opens new R&D centre in Pune

Online investment platform Paytm Money has set up a new R&D facility in Pune, Maharashtra, which will drive product innovation, especially in the area of equity, mutual funds, and digital gold. The company added that it plans to hire over 250 engineers and data scientists to build new wealth products and services.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Paytm Money aims to achieve over 10 million users and 75 million yearly transactions in FY21, with the majority of users coming from small cities and towns.

Important takeaways for all competitive exams:

  • Paytm HQ: Noida, Uttar Pradesh;
  • Paytm Founder & CEO: Vijay Shekhar Sharma.
  • Paytm Money CEO: Varun Sridhar.

Find More Sci-Tech News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which is the Largest House in the World? Where it is Located?

Houses are not just places to live; some are grand, luxurious, and larger than most…

2 hours ago

Who is the Richest Man in Asia in 2026? Check the List of Top-10 Richest Men of Asia

Asia is one of the fastest-growing regions in the world and is home to many…

3 hours ago

Third Edition of Future Warfare Course Launched in New Delhi

India has formally begun preparing its military leadership for the wars of the future. On…

4 hours ago

Sarvesh Ranjan Promoted to Chief General Manager at Union Bank of India

Union Bank of India has announced a key leadership change with the promotion of Shri…

4 hours ago

New Orchid Species Discovered in Kanthalloor, Kerala

India’s biodiversity has gained fresh attention after scientists discovered a new orchid species in Kerala’s…

4 hours ago

Adampur Airport Renamed Sri Guru Ravidas Maharaj Ji Airport

Punjab’s aviation map witnessed a symbolic and developmental shift on 2 February 2026. Prime Minister…

5 hours ago