Indian fintech giant Paytm eyes an issue size of $2.4b

Indian fintech giant Paytm eyes an issue size of $2.4b

FILE PHOTO: A worker adjusts a hoarding of Paytm, a digital payments firm, in Ahmedabad, India, January 31, 2019. REUTERS/Amit Dave

India’s biggest initial public offering (IPO) is expected to get even bigger with One97 Communications Ltd., which runs the Paytm payments service, planning to increase its public issue size to 18,300 crore, two people aware of the discussions said.

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