Paytm Money to facilitate investments in IPO, aims for 8-10% applications mkt share
Fintech major Paytm on Monday said its wholly-owned subsidiary Paytm Money will now facilitate investments in Initial Public Offers (IPOs). The move is aimed at benefiting retail investors with wealth creation opportunities, as they will be able to seamlessly apply and join the growth story of rapidly expanding companies, a statement said.
Paytm has made the process of IPO application completely digital and simple for retail investors to apply for public offers, and will continue to add new tech-savvy features for enhanced user experience, it added. Source: Reuters