Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 1325)

2018-01-11 Business

1325.

Who Launches Investment Arm, to Invest $10 million?

Mobiwik

Paytm

Airtel Payment

Freecharge

Answer: Option

Explanation:

Paytm 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. Paytm Money is the fourth product from One97's stable after Paytm Mall, Paytm Payments Bank and Paytm wallet. It will be available as a separate mobile application to users.