Paytm’s $2.5 billion IPO will generate a net worth of at least 10 million Indian rupees ($134,401.38) for about 350 current and ex-employees, Reuters reported.
Those rewards are huge in a country where the per capita income is below $2,000.
Paytm’s $2.5 bn IPO creates new millionaires in India
More like thisRelated
What Global Payments’ $22.7 bn Worldpay deal means for customers
Global Payments is adopting a multi-pronged strategic approach with...
Sports betting industry struggles with invalid traffic
The global sports betting industry is growing rapidly, with...
Digital transformation spending in EMEA to reach $1,201 bn
Digital transformation (DX) spending in Europe, the Middle East,...
Paytm merchant subscriber base for payment devices reaches 1.17 crore
Paytm’s user base continues to expand, driven by growth...
