CURRENT AFFAIRS

Detailed explanation-1: -Paytm Money, a subsidiary of One97 Communications, the parent entity of Paytm, has recently announced the launch of a bonds platform for retail investors in India. This new platform aims to provide investors with a comprehensive and user-friendly interface to invest in government, corporate, and tax-free bonds.

Detailed explanation-2: -As of Nov 20, 2020’s latest post-round ownership report, Founders hold 14.70% at a net worth of INR 17, 000Cr. Funds own the majority of Paytm’s shares, accounting for 49.08%, while Enterprise hold 32.65%, Founder hold 14.70%, ESOP hold 2.42%, Angel hold 0.16% and Other People hold 0.12%.