Paytm Money Partnered with PMS Bazaar

Published on December 05, 2021
Current Context: The wholly-owned subsidiary of Paytm named Paytm Money has partnered with PMS Bazaar.
Paytm Money Partnered with PMS Bazaar
  • In this partnership, both entities have launched PMS Marketplace for HNI Investors.
  • The PMS Marketplace will be used to select users followed by a complete rollout.
  • It grants a transparent and comprehensive analysis of all PMS schemes. Due to this, the platform becomes trustworthy for HNI investors
  • It provides past performance data of schemes which is nowadays not available publicly.
  • What is PMS?: It stands for Portfolio Management Service and is an investment service offered to HNIs with SEBI. It mandates a minimum investment of Rs 50 lakhs.
  • So, the PMS Marketplace will be the one-stop-shop to HNI investors as there will be the availability of data, tech-led products, direct access to PMS experts
  • Static Part: 
    • HQ of Paytm Money: Bengaluru

Question: 

Ques: 1: Which company partnered with PMS Bazaar to launch PMS Marketplace for HNI Investors?
a. Paytm Money
b. Upstox
c. Kotak Securities
d. PhonePe
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