Synopsis: Paytm shares fell 10% in intraday trading following concerns over the PIDF, and Domestic mutual funds trimmed their holdings in the company for the first time since its 2021 IPO. Meanwhile, Bengaluru-based PhonePe is also reportedly preparing for its own...
Overview of Paytm IPO Details: In the year 2000, One97 Communications, the parent company of Paytm was started with a loan of 8 lakhs. In 2010, Paytm was established as a mobile wallet through which consumers could recharge their smartphones. And in 2021, the company...