Paytm Money rolls out feature to help people invest in IPOs instantly

The service offers an interface to make changes, cancel or resend the bidding application within the IPO window.

Paytm Money, a wholly-owned subsidiary of digital financial services platform Paytm, has rolled out an IPO investments feature, which will allow investors to participate in public offerings instantly.
 

Through this, investors will be able to apply for latest IPOs via UPI ID, linked to their bank accounts to complete the application process. The company is leveraging the UPI infrastructure to offer a turnaround time of 3-4 days for completion of the entire process.
 

“The Indian startup ecosystem has a growing appetite for entering the capital market with more companies wanting to raise capital from a broader set of investors through