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July 16, 2021 05:39 am GMT

Paytm files for $2.2 billion IPO

Paytm, one of Indias 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 […]

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