• Chethan Machaknur

Paytm to acquire Raheja QBE to expand its financial services offerings

Paytm Communications Limited along with Vijay Shekhar Sharma is set to acquire Raheja QBE.Raheja QBE is a joint venture between Prism Johnson Limited and QBE Insurance Group.

In a statement, Amit Nayyar, President, Paytm said, "Its strong management team will help us accelerate our journey of taking insurance to the large population of India with the aim to create a tech-driven, multi-channel general insurance company with innovative and affordable insurance products.”

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