Paytm to acquire Raheja QBE General Insurance.

Paytm, an Indian e-commerce payment system and financial technology company, agreed to acquire Raheja QBE General Insurance, a provider of general insurance. Financial terms were not disclosed. "At Paytm, we are on a mission to drive the financial inclusion of over half a billion Indians. In this journey, our insurance offerings will help us expand the reach to millions of our users, merchant partners & other stakeholders with innovative products catering to their individual requirements," Paytm.