India's Paytm targets $2.2b domestic IPO
Paytm, India’s largest digital payments company, has filed for an INR166 billion ($2.2 billion) domestic IPO, setting up exits for several private equity investors.
Alibaba Group is the largest shareholder with a 36.8% stake, of which 29.6% is held by Ant Group. SoftBank Vision Fund has 19.6%, while SAIF India has 17.6%. Paytm CEO Vijay Shekhar Sharma (14.6%) and...
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