Indian Digital Payments Giant Paytm to Offer Additional Financial Services after Acquiring Raheja QBE, an Insurance Business
By Omar Faridi
Indian digital payments giant Paytm recently acquired insurance company Raheja QBE for $74 million.
Amit Nayyar, President at Paytm, has noted that the company aims to promote greater financial inclusion by helping half a billion Indians with gaining access to modern digital platforms and services.
Nayyar told YourStory that Paytm’s acquisition of Raheja QBE could potentially be a “significant step” towards assisting underserved Indian citizens.
Photo courtesy of Rob Tinworth.