Paytm Money, a wholly-owned subsidiary of digital financial services platform One 97 Communications Limited, has received a certificate of registration from the Securities and Exchange Board of India (Sebi) under the Sebi (Research Analysts) Regulations, 2014, to operate as a registered investment adviser, according to a statement issued on Tuesday.

This license allows Paytm Money to provide investment and wealth management services to customers throughout the country. 

According to the statement, these services will soon be integrated into the Paytm Money app as part of a research and advisory offering, allowing investors to make more informed financial choices.

"With this registration, Paytm Money Limited can offer Sebi-compliant research services, including investment insights, research reports, and data-driven analysis, the company said in a statement," according to One 97 Communications.

According to the company, Sebi approval is consistent with their mission of making investment services more accessible and transparent to consumers across India. 

It stated in the filing: "This milestone aligns with Paytm Money's objective to expand its offerings in the investment ecosystem, enhance user experience, and provide expert-backed insights to both retail and institutional investors."

Earlier this month, Paytm introduced UPI Trading Blocks (also known as Single Block Multiple Debits), a feature that allows for seamless automatic payment deductions directly from bank accounts for equity trading. This new feature enables investors to block funds in their accounts without having to transfer large sums to broker apps in advance, ensuring a secure and efficient trading experience.