Paytm to raise $3B in planned IPO, the country s biggest listing ever: source
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Daily Digest Of Tech Policy News And Updates (April 20, 2021)
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Will Jack Ma s disappearance break Vijay Shekhar Sharma s back?
So far, Alibaba was Paytm’s universal provider tech support, consumer insights, business plans and funds.
Synopsis
With other strategic backers like Softbank fussing over profitability after Vision Fund’s missteps it’s time for Sharma to figure out what Paytm – India’s most valuable fintech company commanding billion $16 billion valuation and counting – wants to be entering its adolescent years.
Their bromance had apparently bloomed after a twenty minute meeting that went on for two hours, culminating in Alibaba and its founder Jack Ma taking a large bite of Vijay Shekhar Sharma’s Paytm in 2015 and becoming its largest shareholder. An ecstatic Sharma proudly proclaimed: ‘
Synopsis
Regarded as the definitive listing of India Inc’s leading young business leaders, who have excelled across all metrics of success, the study honours 40 of the brightest corporate leaders, entrepreneurs, and owner-professionals under the age of forty.
Spencer Stuart, one of the leading global executive search and leadership consulting firms, is the knowledge partner.
The Economic Times is back with the seventh edition of the much-awaited ‘ET 40 under Forty’, celebrating the hottest business leaders across the country. Regarded as the definitive listing of India Inc’s leading young business leaders, who have excelled across all metrics of success, the study honours 40 of the brightest corporate leaders, entrepreneurs, and owner-professionals under the age of forty.