India: Paytm to touch $10b valuation after secondary share sale

India: Paytm to touch $10b valuation after secondary share sale

Advertisements of Paytm, a digital wallet company, are seen placed at stalls of roadside vegetable vendors in Mumbai, India, November 19, 2016. REUTERS/Shailesh Andrade

Paytm, run by One97 Communications Ltd, is likely to be valued at about $10 billion when some existing and former employees sell a part of their shares to new investors, three people familiar with the matter said.

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