Paytm to start planning IPO in next two years

E-commerce and digital payments giant Paytm will start preparations for an initial public offering (IPO) in the next 22-24 months, as per its founder and chief executive officer (CEO) Vijay Shekhar Sharma. He said that while a public listing was ‘inevitable’, it was yet to construct a road map for it. The Indian firm had … Read more

Paytm valuation surges 25% to $15 billion

E-commerce payment system and digital wallet company Paytm valuation has jumped 25% to $15 billion in the latest investment round, founder Vijay Shekhar Sharma said. Paytm was valued at $12 billion a year ago when Warren Buffett-controlled Berkshire Hathaway invested about $300 million. Paytm’s valuation was about $6 billion in March 2017. There are about … Read more

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