Paytm to start planning IPO in 22-24 months, says CEO Vijay Shekhar Sharma

Vijay Shekhar Sharma at the Asia PE-VC Summit 2018 organised by DEALSTREETASIA

Paytm will start preparations for an initial public offering (IPO) in the next 22-24 months, its founder and CEO Vijay Shekhar Sharma said on Friday.

The Indian e-commerce and digital payments giant last disclosed raising funding — totalling $300 million according to regulatory filings — from Warren Buffet’s Berkshire Hathaway in 2018. Its valuation has skyrocketed to $15 billion, Sharma recently said.

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