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SUMMARY
Paytm Money will exclusively offer subscriptions to the JioBlackRock flexi cap fund, which will open for subscription on September 23 and close on October 7
The partnership will leverage Paytm’s network effects, zero-commission model and JioBlackRock’s technical expertise to woo retail investors
This comes a day after Jefferies raised the price target for Paytm to INR 1,420 on the back of new opportunities for the fintech in BNPL and wealth management products
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