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IPO

Paytm may skip pre-IPO round for fast-track listing

Business Standard  

Fintech unicorn Paytm, which is headed for an IPO at a valuation of USD 20-22 billion, is considering not going ahead with a pre-IPO share sale so as to fast-track the company's market debut timeline. Its plan of shelving the pre-IPO fundraise is not related to any valuation differences as had surfaced in certain media reports, it was stated.