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Paytm files for USD 2.2 billion IPO

thepaypers.com
 2021-07-16

Cover picture for the articleIndia-based digital payments provider Paytm has formally announced its plans to raise up to USD 2.2 billion in an initial public offering. The company, backed by Alibaba, Berkshire Hathaway, and SoftBank among other, said it will issue new shares worth USD 1.1 billion and offer sale worth of USD 1.1 billion.

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