Paytm's $2.5 billion IPO mints new millionaires in India

About 350 current and ex-employees will each have a net worth of at least 10 million Indian rupees ($134,401.38) after Paytm's $2.5 billion IPO, a source in the company told Reuters. Many, like Pandey, will become dollar millionaires when the company lists next week.

from Banking/Finance-Industry-Economic Times https://ift.tt/3F4rUmg