India: Paytm launches investment arm, to inject $10m in new entity

Paytm founder Vijay Shekhar Sharma. Photo: Pradeep Gaur/Mint

Paytm, run by One97 Communications Ltd, has set up a new entity called Paytm Money Ltd that will offer investment and wealth management products and will invest close to $10 million upfront in the new entity.

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