Paytm Money is planning to double down in Gujarat on their first press event in Ahmedabad

Recently Paytm Money Conducted their first press event in Ahmedabad to increase the Digital Wealth Management Platform in Gujarat. Paytm Money CEO Varun Sridhar, The company’s top management, Chief Financial Officer Amit Kapoor, and Chief Risk Officer, Prakash Karodia, many journalists, and influencers were present at this event.

At that event, the company discloses its ambitions of becoming Gujrat’s no.1 Digital Wealth Management Platform and acquiring 3 million users from Gujarat in the next three years.

The Paytm Money CEO, Varun Sridhar, said, “There is a strong need for wealth management in India to be democratized, embraced, and adopted by all. Gujarat has been at the forefront of wealth creation in India and is one of our top 3 markets. We are humbled by the trust the Gujarati community has shown in Paytm Money over the last 3 years, and believe that Gujarat has the potential to become our top market.” He also added, “We believe that a majority of growth in Gujarat is going to come from millennials who want to manage their wealth on a mobile phone and are early adopters of equity. We will reach out to 30+ cities in Gujarat over the next 18-24 months, and continuously build and innovate. Delivering a platform that is stable, scalable, and loved by all is just the start.”

Paytm Money is a leading driver in wealth creation in the country, and now the company aims to register over 150 percent increase in the monthly SIP registrations.