Paytm Money Raises INR 40 Cr From Parent One97 Communications

Date posted: Tuesday 14 July 2020

Bengaluru-based wealth management company Paytm Money has received INR 40 Cr infusion from Paytm parent company One97 Communications.One97 Communications picked up 4 Cr equity shares worth INR 10 each in Paytm Money on rights basis. The infusion came after INR 40 Cr each in February 2020 and September 2019.

(Inc42)