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With eye on Mutual Fund business, Paytm acquires Balance Tech

Paytm has acquired smart-savings management Startup Balance Tech. India’s largest digital wallet company Paytm has successfully acquired smart-savings management startup Balance Tech for an undisclosed amount. Reports claimed that the deal has been a complete non-cash deal and may very well be an acqui-hire. Bengaluru based Balance Tech is latest to join Paytm’s acquisition list. This year…

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