One 97 Communications Limited — Updates, 17-02-2025: Press Release

Paytm has partnered with SBI Mutual Fund to launch the JanNivesh ₹250 SIP, a new initiative aimed at promoting financial inclusion and supporting the government's Viksit Bharat vision. This offering allows individuals, especially young professionals and first-time investors, to begin their investing journey with as little as ₹250, providing flexible investment options across daily, weekly, or monthly contributions. The initiative encourages Paytm's merchant partners to invest, thereby helping them build long-term wealth.

This collaboration seeks to expand mutual fund participation in India, targeting an increase from over 100 million to potentially 300-400 million investors. Paytm's commitment to innovation in the financial services sector parallels its transformative impact on mobile payments, aiming to make wealth-building accessible for all. Investors should watch for potential growth arising from this expansive approach to financial services and investment opportunity amid positive market conditions.