Indian BeehiveNews

Paytm Money raises Rs 40 crore

Bengaluru: Bengaluru Bengaluru-based wealth management company Paytm Money has raised Rs 40 crore infusion from Paytm parent company One97 Communications.

Paytm Money, launched in September 2018, sells mutual funds directly to consumers via a low-cost regular plan that eliminates the expense of distributor commissions.

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