More than half a million users have signed up to buy mutual funds (MFs) on Paytm Money, which is nearing launch, a top company official said. The digital platform from Paytm Money Ltd, a subsidiary of One97 Communications Ltd, goes live by the end of this month. One97 also owns Paytm mobile wallet, which claims to have 300 million users, and Paytm Payments Bank. Although Paytm is accepting advance registrations, it has not opened the mutual fund shop to the public yet.
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