Paytm Money has started a tech development and innovation centre in Pune. The PayTM owned firm will hire 250 engineers and data scientists for the development of new wealth products and services. The key focus of the centre will be driving product innovation in equity, mutual funds, and digital gold said Paytm Money CEO Varun Sridhar. Paytm Money targets to have 10 mn users and 75 mn yearly transactions in FY’21, largely from small cities and towns.