India, March 18 -- Fintech giant Paytm's investment tech subsidiary Paytm Money has received the approval from the Securities and Exchange Board of India (SEBI) to operate as a registered research analyst.

In an exchange filing today, Paytm parent One97 Communications said, " . Paytm Money Limited, a wholly owned subsidiary of One 97 Communications Limited, has been granted a certificate of registration as a research analyst by SEBI under the SEBI (Research Analysts) Regulations, 2014."

The approval allows Paytm Money to provide SEBI-compliant research services, which include investment insights, research reports and data-driven analysis.

These services will be integrated into the Paytm Money app as part of a broader research and advis...