Paytm is about the long-term change it brings, says founder Vijay Shekhar Sharma

Paytm is about the long-term change it brings, says founder Vijay Shekhar Sharma

Vijay Shekhar Sharma Photographer: Anindito Mukherjee/Bloomberg

For Vijay Shekhar Sharma, who founded Paytm 11 years ago, the thought of his company launching India’s largest initial public offering seems ‘surreal’.

One97 Communications Ltd, the company behind the payments app, is on course for the largest Indian IPO, with the 18,300 crore issue opening on 8 November. In an interview, Sharma revealed his feelings about the IPO, how he envisages different business lines to grow, and what lies ahead for Paytm. Edited excerpts:

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