News > Paytm constitutes joint venture general insurance company
Paytm constitutes joint venture general insurance company
21/05/2022 09:40 PM | Click to read full article
One97 Communications-backed Paytm on Saturday announced it has formed a joint venture general insurance company in which it has committed to invest Rs 950 crore over a period of 10 years.
The proposal to set up joint venture firm Paytm General Insurance Limited (PGIL) was approved by the board on May 20, the company said in a regulatory filing.