Thursday, October 2, 2025
spot_img

Paytm Money sets up R&D Centre in Pune, to hire 250 people

spot_img
- Advertisement -

Paytm Money sets up R&D Centre in Pune, to hire 250 people

Paytm Money has set up a technology development and innovation centre in Pune, and plans to hire over 250 engineers and data scientists at the facility.

The new facility will focus on driving product innovation, specifically for equity, mutual funds, and digital gold, according to a statement on Thursday.

“We are very excited to launch our Pune R&D centre and looking forward to developing new wealth management products and disruptions in Pune. We continue our vision to leverage technology to lower costs for our consumers and provide a solid, innovative and stable platform,” Paytm Money’s Chief Executive Officer Varun Sridhar said.

“We believe Pune is poised to become an innovation hub for fintech and was a natural choice for Paytm Money’s expansion plans,” he added.

The company has launched a slew of new products and services aimed at empowering seasoned investors as well as new users. It aims to achieve over 10 million users and 75 million yearly transactions in FY’21 with the majority of users from small cities and towns.

To increase awareness around wealth products in the country it plans to educate over a million users about different services through education initiatives.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

RBI appoints R Lakshmi Kanth Rao as executive director

The Reserve Bank of India (RBI) has announced the...

Daimler India Commercial Vehicles appoints new Chief of Operations & Logistics

Daimler India Commercial Vehicles (DICV), the wholly owned subsidiary...

Meta & ONDC will digitally upskill five lakh MSMEs

An American multinational technology conglomerate, Meta has announced a partnership...

Wipro subsidiary Topcoder appoints Doug Hanson as CEO

Topcoder, a Wipro company and the world’s leading open...

TCS unveils new center, to create 1,600 job opportunities

Tata Consultancy Services (TCS), a global leader in IT services,...

Truecaller Promotes Rishit Jhunjhunwala as CEO

The board of directors of Truecaller has promoted Rishit...

DB Schenker appoints a new global CHRO

The Supervisory Board of Schenker AG has appointed Katharina...

EPFO: The benefits payable to children, widows & widowers under EPS’95

There are several schemes under the Employees' Provident Fund...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/