Paytm board grants in-principle approval for around Rs 22,000 crore IPO
Shortpedia
Content Team
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Digital payments and financial services firm Paytm has received in-principle approval from the company's board to raise around Rs 22,000 crore through an initial public offer during the October-December quarter this year, according to an industry source. The company is looking at an enterprise value of over Rs 2 lakh crore for the IPO. The board meeting of the company was held on Friday.
