Paytm plans India’s biggest IPO, to raise $3 Bn at $30 Bn valuation
Shortpedia
Content Team
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Vijay Shekhar Sharma-led digital payments giant Paytm, run by One97 Communications, is reportedly planning to raise INR 21,800 Cr ($3 Bn) in an initial public offering (IPO) by November this year. The company is targeting a valuation of $25-$30 Bn, denoting a 56%-87% spike from the current $16 Bn valuation. This could be the largest IPO debut in India.
