23-Feb-18, Asia Times
One97 Communications, the parent company of mobile wallet and financial services provider Paytm, has now set its sights on the insurance sector after utilising a corporate agency license.
%20Reuters.jpg "Indias Paytm branches into insurance market with two new services (c) Reuters")
Image: Reuters
Paytm Life Insurance and Paytm General Insurance have been incorporated and there are now six companies under the Paytm brand. The others are Paytm, Paytm Money, Paytm Mall and Paytm Payments Bank.
Alibaba of China and Softbank of Japan both have stakes in the group.