Paytm app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration
July 16, 2021
BENGALURU (Reuters) – SoftBank-backed Indian digital payments startup Paytm has filed for an initial public offering (IPO) of up to 166 billion rupees ($2.23 billion), draft papers submitted to the country’s market regulator showed on Friday.
($1 = 74.5140 Indian rupees)
(Reporting by Vishwadha Chander and Chris Thomas in Bengaluru; Editing by Arun Koyyur and Uttaresh.V)