Paytm Targets $3 Billion IPO in What Would Be India’s Largest Debut

Paytm Targets $3 Billion IPO in What Would Be India’s Largest Debut

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(Bloomberg) — Paytm, India’s leading digital payments provider, is aiming to raise about 218 billion rupees ($3 billion) in an initial public offering late this year, according to a person familiar with the deal, in what could be the country’s largest debut ever.The startup, backed by investors including Berkshire Hathaway Inc., SoftBank Group Corp. and Ant Group Co., plans to list in India around November and its offering could coi…

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