Paytm gathers Rs 47 Crores fund to contribute for CRPF Bravehearts

Paytm handed over a cheque of Rs. 47 Crores to Smt. Manu Bhatnagar, President of CRPF Wives Welfare Association. This money was collected through contributions for the CRPF Bravehearts. The fundraising efforts began on the platform following the ghastly attack on CRPF jawans on 14th February. Between 15th February and 10th March, more than 20 lakh Paytm users came forward and contributed to the cause to express their solidarity with the forces.

Paytm had collaborated with CRPF Wives Welfare Association (CWA) to collect the fund and allowed patrons to contribute money through the Paytm mobile app and website, that would go to the corpus fund of the CWA. The patrons were only required to enter their name and PAN card number to avail tax benefits under Section 80G. All donations made via the app were exempted from transaction fees.

Kiran Vasireddy, COO Paytm said, “Our prayers are with the jawans and the families affected by this attack. Our hearts go out to those who have suffered an unimaginable loss due to this. We, at Paytm, are committed to assist the families of our jawans in this hour of need by giving them a helping hand. We would like to thank our users who came forward and helped contribute Rs 47 Crores for this cause.”

Before this Paytm had also made a similar effort for providing relief to Kerala flood victims and had helped to collect Rs 30 crores from 12 lakh users. The collected amount was donated to Kerala Chief Minister's Disaster Relief Fund.