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By siliconindia | Thursday, 27 May 2021, 10:00 Hrs India’s leading digital payments provider Paytm is targeting to raise nearly 21,800 crore ($3 billion) in an initial public offering late this year, according to sources close to firm, in what could be India’s largest debut ever. The startup, backed by investors comprising Berkshire Hathaway Inc, SoftBank Group Corp and Ant Group Co, plans to list in India around November and its offering could concur with the Diwali festival season, states the anonymous person, because the details are private. Paytm, officially called One97 Communications, is aiming a valuation of around $25 billion to $30 billion. The One97 board intends to meet tomorrow to formally approve the IPO. If successful, Paytm’s initial share sale would surpass Coal India’s offering, which gathered more than ....
‘A huge gap in the market’: Podcaster launches digital advice offering ‘A huge gap in the market’: Podcaster launches digital advice offering A prominent financial influencer has launched a new robo-advice service she says will target a largely underserved audience of women investors. A A Victoria Devine, also a financial adviser and director of Melbourne advice, accounting and finance broking firm Zella, will launch the She’s on the Money investment platform this week. The platform, which is marketing itself as an affordable option for retail investors, is a white-labelled product operated by investment platform provider Six Park. Ms Devine commented her platform will target an underserved demographic in investment, women. Many of them, she added, are already using savings and investments apps, but the number one question among them remains where to invest. ....
Photo Credit: IANS IANSLive New Delhi, May 26 (IANS) Congress General Secretary Priyanka Gandhi Vadra on Wednesday asked the government about the shortage of vaccines in the country in her series of jimmedar Kaun (who is responsible) posts.