Paytm Money Claims To Have Achieved 6.6 Mn Users, Surpasses Zerodha

Bengaluru-based wealth management company Paytm Money has claimed to have achieved a customer base of 6.6 million by volume, surpassing Zerodha, one of the largest retail brokerage firms in the country. Meanwhile, Zerodha claims to have 3 Mn users, of which 65% are first-time investors. In a report, the company, said that it has 70% of its user-base as first- time investors, with 60% from smaller towns and cities.