India's Paytm slides as anchor investors lock-in period expires

India's Paytm slides as anchor investors lock-in period expires

Photo: Reuters

Shares of digital payments firm Paytm tumbled as much as 13% to hit their lowest since a dismal debut last month after a lock-in period for anchor investors in the company’s initial public offering ended on Wednesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter