Friday, November 12, 2021

Paytm's $2.5 billion IPO mints new millionaires in India

About 350 current and ex-employees will each have a net worth of at least 10 million Indian rupees ($134,401.38) after Paytm's $2.5 billion IPO, a source in the company told Reuters. Many, like Pandey, will become dollar millionaires when the company lists next week.

source https://economictimes.indiatimes.com/industry/banking/finance/paytms-2-5-billion-ipo-mints-new-millionaires-in-india/articleshow/87665446.cms

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