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Paytm Money receives Rs 60 Cr from its parent entity

Shortpedia

Content Team
Image Credit: shortpedia

Wealth management arm of One97 Communications, Paytm Money has received Rs 60 crore in fresh tranche from the holding company amidst expansion, growth and introduction of new products. This is the second infusion from the parent entity in the past couple of months. In July 2019, One97 Communications had announced to make an additional Rs 250 crore investment in Paytm Money in the next 12-18 months.