Paytm files for $2.2 billion IPO

Paytm files for $2.2 billion IPO

3 years ago
Anonymous $drS9DEX_Sj

https://techcrunch.com/2021/07/15/paytm-files-for-2-2-billion-ipo/

Paytm, one of India’s most valuable startups, plans to raise up to $2.2 billion in an initial public offering, it said in draft papers submitted to the country’s market regulator on Friday.

The Noida-headquartered firm — backed by Alibaba, Berkshire Hathaway, and SoftBank among others — said it will issue new shares worth $1.1 billion and offer sale worth of $1.1 billion.