Tag «Digital Payments»

Paytm sends ‘offer for sale’ to staff as it moves ahead with $3 bn IPO

Paytm staff converts ESOPs to shares worth Rs 182 crore

By Administrator_India Capital Sands India’s Paytm is asking employees to decide whether they want to sell shares in the digital payments pioneer’s planned initial public offering, taking another step toward what could be the country’s largest stock market debut ever. The startup, formally called One97 Communications Ltd., sent the “offer for sale” to its staff Monday as it prepares …