Paytm Money aims to add 25 million users in the retail investment segment

Paytm has launched its independent investment platform Paytm Money, through which users will be able to buy mutual funds and get advisories for absolutely no charge.

Paytm Money, which has been setup as a separate subsidiary, aims to add 25 million users in the retail investment segment over the next six years. While the company’s payments platform has 90 million transacting users, Paytm Money will remain separate, the company said.

“At this point, even with the industry (MFs) being 25-odd years old, we have just around 20 million investors. The first agenda we have is that this industry should grow