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Paytm sets India's largest-ever IPO, targeting $2.2bn

Digital payment provider rides on growth momentum from COVID restrictions

India's leading digital payment provider Paytm announced its planned IPO on Friday, following tech start-up Zomato, which last month announced a $1.1 billion listing.   © Reuters

MUMBAI -- The owner of India's leading digital payment provider Paytm plans to sell shares worth 166 billion rupees ($2.2 billion) in the country's biggest-ever initial public offering.

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