Paytm files draft for Rs 16,600 crore IPO
July 16, 2021 12:23Backed by Soft bank, the Indian digital payment start-up Paytm, filed for an initial public offering (IPO) of up to Rs 16,600 crore ($2.23 billion), draft papers on Friday. The Noida-based company is backed by investors namely, Berkshire Hathaway Inc, China’s Ant Group, and Japan’s Soft Bank. The IPO proceeds will be used to strengthen the payment […]