India: Paytm eyes IPO by Oct, hopes to break even in 18 mths

India: Paytm eyes IPO by Oct, hopes to break even in 18 mths

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

Indian digital payments firm Paytm expects to launch its initial public offering (IPO) at around the end of October, pending regulatory approvals, a source familiar with the matter said on Monday.

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