Paytm Money Sets Up New Centre In Pune, To Hire Over 250 Employees

Paytm Money Sets Up New Centre In Pune, To Hire Over 250 Employees

Paytm Money has launched its Technology Development & Innovation Centre in Pune.


It also plans to hire more than 250 front-end, back-end engineers and data scientists to build new wealth products and services. Paytm Money's success can be attributed to seamless, hassle-free technology, lower or no cost delivery of stocks & FNO trades, as well as the lowest commission in the industry for best-in-class brokers.


The new facility at Pune will focus on driving product innovation, specifically for equity, mutual funds, and digital gold.


The company's escalated focus on hiring stems from its commitment to delivering a superlative user experience on the back of robust operational competence, agile technology infrastructure & a team of diverse domain experts.


Varun Sridhar, CEO - Paytm Money said “We are very excited to launch our Pune tech 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. We need solid engineering talent to ensure we meet our ambitions. Pune is famous for its high-quality education and offers a great talent pool along with good infrastructure & great weather. We believe Pune is poised to become an innovation hub for fintech and was a natural choice for Paytm Money’s expansion plans.”


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