Paytm said to have received Indian regulator's nod for $2.2b IPO

Paytm said to have received Indian regulator's nod for $2.2b IPO

Photo: Reuters

Indian fintech firm Paytm has received approval from the capital markets regulator for its $2.2 billion stock market listing that is likely to be India’s biggest ever IPO, a source familiar with the matter told Reuters on Friday.

Paytm was planning its initial public offering for around the end of October, Reuters previously reported.

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