The company is eyeing a valuation of $20-22 billion, sources said
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Paytm was launched in 2009 as a mobile-first digital payments platform to enable cashless payments
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If Paytm achieves its Rs 16,600 cr IPO target, it would surpass the more than Rs 15,000 cr raised by Coal India in 2013
Paytm, backed by SoftBank, Berkshire Hathaway, and Jack Ma's Ant Group, plans to raise as much as $2.2 billion from its share sale, according to its draft prospectus
The firm had been seeking a valuation of above $20 bn based on initial investor feedback, while advisers on the deal recommended a lower pricing
Will delays in approval to Paytm, Oyo IPOs slam the brakes on India's record run? What are the issues? And what's the standard time taken for an IPO clearance? Let us take a look in this report
State-backed wealth investors Abu Dhabi Investment Authority and Singapore's GIC Pte are among those weighing bidding to participate in the IPO, sources said
Busiest summer for Asia IPOs on record with $56 billion in deals
In August this year, the company had doubled its ESOPs pool from 24,094,280 to 61,094,280, this was approved by shareholders earlier this month
Last week, Paytm gave time till September 22 to employees to convert their ESOPs into shares for monetisation in the upcoming IPO
When the JAM trinity was announced in 2014, the idea was to link mobile phones with Aadhaar and bank accounts. After UPI and wallets, now we have BharatQR and e-Rupee. Who has gained most from these?
The partnership aims to provide one of the widest range of offerings across customer segments, with special focus on millennials, business owners and merchants
The credit cards will be launched in October during the festive season to tap into the high consumer demand for credit cards
Paytm has given time till September 22 to its employees to decide on converting their stock options ahead of the company's Rs 16,600 crore-IPO planned to be launched in October
An additional 40 current and former employees of Paytm have converted their ESOP grants to shares for monetising them in its upcoming Rs 16,600 crore IPO, the digital payments firm said
Paytm Payments Bank Ltd (PPBL) on Monday said it has enabled the country's first FASTag-based metro parking facility in partnership with the Delhi Metro Rail Corporation (DMRC).
This follows a directive from the Reserve Bank of India
Paytm has signed an agreement with IT ministry's startup hub to scale deep-tech startups by providing access to platform, knowledge series, experts, resources, and larger community of stakeholders.