Paytm files DRHP aiming for a US$2.2 billion IPO in India

Paytm, the Indian digital payments pioneer backed by Ant Group and Softbank is seeking regulatory approval to raise up to Rs. 16,600 crores (US$2.23 billion) in one of the country’s largest stock market debuts. One97 Communications Ltd, Paytm’s parent company filed papers with SEBI to raise Rs. 16,600 crores through means of IPO. The IPO … Continue reading Paytm files DRHP aiming for a US$2.2 billion IPO in India