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

What was the Old Name of Goa? Know About It

Goa is a small state on the western coast of India, famous for its beaches,…

12 hours ago

Top-10 Most Searched Words in 2025, Check the List

Every year, people around the world search for words that show what interests them the…

13 hours ago

Deepinder Goyal Tops Hurun Rich List 2025 for India’s Self-Made Entrepreneurs

The Hurun Rich List 2025 has once again highlighted India’s dynamic startup and business ecosystem.…

14 hours ago

Indian Team Bags Global Top Honour at NASA Space Apps Challenge

India’s innovation ecosystem has received global recognition as an Indian satellite internet concept emerged as…

14 hours ago

India’s Net Direct Tax Collections Rise 8% to ₹17.05 Lakh Crore Till December 17

India’s fiscal position showed resilience in the current financial year as net direct tax collections…

14 hours ago

What is SabhaSaar Initiative? Features, Significance, and Latest Update

Recently, the Union Minister informed the Rajya Sabha about the progress and impact of the…

15 hours ago