Indian payments giant Paytm said to have kick-started work on $3b domestic IPO

Indian payments giant Paytm said to have kick-started work on $3b domestic IPO

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

Vijay Shekhar Sharma’s Paytm, one of the highest valued Indian technology companies, has thrown its hat in the ring for a domestic initial public offering (IPO), said two people aware of the development.

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