Paytm, India's largest mobile-first financial services platform, is planning to launch a dedicated app- ‘Paytm Money,’ which will facilitate investments in mutual funds. The new app will be launched in around six weeks.
“To begin with, Paytm Money will offer mutual funds from top 10-12 AMCs and will slowly increase the number,” said Pravin Jadhav, Senior Vice President- Paytm Money. “The app will begin with mutual funds and will gradually add other investment products,” added Jadhav.