Paytm News

Paytm’s founder Vijay Shekhar Sharma in tears on listing day at BSE

Paytm’s founder Vijay Shekhar Sharma in tears on listing day at BSE

New Delhi: Paytm founder Vijay Shekhar Sharma choked with emotion and his eyes turned watery as he address a gathering at the Bombay Stock Exchange, or BSE, on the company’s market debut this morning, after it completed India’s biggest-ever initial public offering, or IPO. In visuals, Mr Sharma was seen

Paytm IPO worth Rs 18,300 Crore, biggest ever in India, opens today

Paytm IPO worth Rs 18,300 Crore, biggest ever in India, opens today

New Delhi: Paytm is all set to open its initial public offer (IPO) for subscription today, November 8, 2021. The digital payments company’s IPO will conclude on November 10, 2021, at Rs 18,300 crore. Retail investors can invest a minimum of Rs 12,480 for a single lot, and their maximum

Paytm may scrap pre-IPO sale plan, over valuation differences: Report

Paytm may scrap pre-IPO sale plan, over valuation differences: Report

New Delhi: Paytm, the Indian digital payments pioneer backed by Jack Ma’s Ant Group Co., is considering scrapping the proposed ₹ 2,000 crore ($268 million) share sale ahead of its initial public offering over valuation differences, according to people familiar with the development. The firm had been seeking a valuation

The rise of BNPL is the flavor of the festive season for top internet firms

The rise of BNPL is the flavor of the festive season for top internet firms

Delhi: Top consumer internet companies, including Flipkart, Amazon, Paytm and Byju’s, are betting big on India’s nascent, yet fast-growing Buy-Now Pay-Later (BNPL) segment ahead of the upcoming festive season. After seeing a huge influx of customers during the pandemic, and with the festive season around the corner, fintech startups and

Paytm will recruit over 20,000 sales executive ahead of IPO

Paytm will recruit over 20,000 sales executive ahead of IPO

Noida: The new employees of fintech giant Paytm will be expected to earn around Rs 35,000 per month. The company is set to launch its Rs 16,600 crore IPO by October. Paytm is hiring over 20,000 regional sales executives across the country ahead of its initial public offering (IPO). The

In run-up to IPO Paytm intends to issue fresh equity shares worth ₹12,000 cr

In run-up to IPO Paytm intends to issue fresh equity shares worth ₹12,000 cr

New Delhi: The parent company of Paytm brand, One97 Communications Ltd, is likely to issue fresh equity shares worth ₹12,000 crore, for its primary fund raise, ahead of its much-awaited initial public offering (IPO) – planned around November-end this year. Among other proposals, Paytm founder Vijay Shekhar Sharma is also

Paytm to apply for New Umbrella Entity in collaboration with Ola

Paytm to apply for New Umbrella Entity in collaboration with Ola

New Delhi: Online payment platform, Paytm, on Tuesday, announced its plan to apply for NUE (New Umbrella Entity) in a consortium with players including ride hailing platform Ola, as part of its efforts to develop more innovative and inclusive digital payments solutions for the Indian population. As per media reports,