Paytm puts ₹9 cr in wealth management division Paytm Money

One97 Communications, the parent company of digital payments startup Paytm, has infused ₹9 crore in its wealth management division Paytm Money, according to filings. Paytm announced setting up of Paytm Money in January this year, for users to store cash and earn interest. Paytm Money SVP Pravin Jadhav said One97 Communications is the sole promoter of the consumer brand.