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Paytm gets a 5-year deadline from SoftBank to go public: Report
short by Kanishka Pandey / on Thursday, 14 November, 2019
Paytm has reportedly received a five-year IPO deadline as part of a new $1-billion funding round. The terms for the funding reportedly also state that in case the Noida-based fintech giant fails to go public, SoftBank will sell its 19% stake to other investors. The $1-billion round could also see participation from T Rowe Price and Alibaba’s affiliate Ant Financial.
read more at Inc42