Paytm Money raises ₹40 crore from parent firm One97

Paytm Money has raised ₹40 crore from its parent entity One97 Communications, regulatory filings revealed. This comes around two months after One97 had announced to put an additional ₹250 crore investment in Paytm Money in the next 12-18 months. Paytm Money is looking to step into new verticals like stock trading and NPS within this financial year.