Paytm Money, a subsidiary of digital payments player Paytm, has announced the appointment of Pravin Jadhav as an additional director at the company. Pravin has been appointed as a whole time additional director at the company, as per documents filed with the Ministry of Corporate Affairs (MCA).
It was in January this year that Paytm had announced that it will set up 'Paytm Money' to build investment and wealth management products for its users. It had said it will launch its products this year after getting regulatory approvals.
The digital payments player had stated, “With Paytm Money, we will cover the entire spectrum of wealth management and plan to add more investment offerings going forward.”
Jadhav, who is an alumnus of Sardar Patel College of Engineering, is leading the new venture from Paytm's Bengaluru office. Prior to this, he has worked with Servify as its Chief Product and Growth Officer and was also the Head of Growth at Freecharge. Jadhav was also the founder-CEO of Wishberg, which was later acquired by Freecharge.
Image credit: Paytm