Paytm Money, the online platform for mutual fund investments that
recently forayed into equity broking, aims to be India‘s top wealth
manager as the owner of the nation’s largest e-wallet expands its
financial services footprint.To get more news about
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“As we progress in this journey of becoming the preferred platform for
users to save and invest, our goal is to provide a simple platform for
users to do so,” Varun Sridhar, chief executive officer at digital
investment unit of One97 Communications Pvt., told BloombergQuint in an
interview. “With a few clicks you are able to save and make your money
work harder.”
Paytm Money, which has 200-300 million customers doing 20-30 million
transactions daily, aims to capitalise on its existing user base. “We
see about 80%-odd users who are, what Id call, important or very loyal
Paytm users, and about 20% come from outside the system.
The Wall