Paytm is headed for a $2.2 billion IPO and multiple sources confirmed on Friday that the fintech giant is considering not to go ahead with the Pre-IPO plans so as to fast-track the companys market debut timeline.The sources told IANS that the company didn’t want to add additional steps to the IPO and is mostly directly headed for the market listing.However, the company’s plans of shelving the Pre-IPO raise, which isn’t yet confirmed, is not related to any valuation differences, said multiple sources aware of the developments.Paytm is seeking a $20-22 billion valuation for its IPO, added a source.
Source link
Bihar BJP chief hails sweeping mandate as alliance races ahead
Asked whether the BJP’s stellar performance, leading in 95 of the 101 seats it contested, and comfortably ahead…
