Friday, 24 March, 2023

Much awaited $2.2B PayTm IPO garners interest from big investors

<p>PayTm IPO is garnering interest from a number of big investors, including Alkeon Capital, Goldman Sachs and Morgan Stanley. While PayTm is still awaiting final approval from SEBI, analysts estimate the company&#39;s valuation to be around $20-$24B. Canadian CPPIB as well as some European investors are also interested, with 75% of PayTm&#39;s public issue earmarked for Qualified Institutional Buyers, and 60% of that to Anchor investors.</p> <p>&nbsp;</p> <p>&nbsp;</p>