The platform offers a single reconciliation of all payments through its 'Paytm for Business' app.
PayTM is looking at raising another round of funding of USD 1 billion and things may take a few weeks to get finalised.
According to a statement from the firm earlier this week, Paytm is planning to invest as much as `500 crore into such companies over the next few years.
The company plans to invest around Rs 10,000 crore over the next three years to expand financial services.
Paytm expects to employ technology across the growing internet to become the dominant player in artifical intelligence, it added.
The company said it expects to employ technology across the growing internet to become the dominant player in AI.
The platform leads the digital gold market with 70 per cent share. The company is also engaging with many other jewellery chains to offer this service in all major cities and towns.
'We feel that NPS is a good product for retirement solutions and there’s an upside to improve its awareness and adoption,' Pravin said.
`2.54 crore received via Paytm alone, which is nearly 60% of total amount
The digital payments company has claimed a customer base of more than 1.5 crore and an annual gross merchandise value of Rs 7,100 crore in its travel vertical business.
There were also separate reports of Yes Bank co-founder Rana Kapoor being in talks with digital payment firm Paytm to sell his stake in the bank.
Sources said that the structure of the deal would depend on a RBI approval, given that PayTM founder Vijay Shekhar Sharma already owns a stake in PayTM Payments Bank.
Digital payments firm Paytm is banking on educational services to expand its revenue and is eyeing to achieve gross merchandise value of $2-3 billion from educational portfolio in next 18 months.
Under the enhanced portfolio, Paytm will bring in products like insurance for tuition fee, loans, co-branded smart debit cards, test-taking platforms, among other services.
The petition filed by Abhijit Mishra, a financial economist, claimed that Paytm Payments Bank Ltd’s ‘postpaid’ service was operating contrary to the existing law.