Paytm Money to offer investments in IPOs
Will enable investors to instantly apply for the latest IPOs from their UPI ID-linked bank accounts
Also offers an interface to help users change, cancel or reapply the bids within the IPO window
Will introduce features for investors to view upcoming IPOs and company history
This service will be available both on the Paytm Money app and website
During March-November, the NSE and BSE raised a total of Rs 24,973 crore via 12 IPOs
Paytm will compete against the likes of Zerodha, one of the largest digital brokers in India
