BENGALURU :Indian digital payments leader Paytm, which counts Ant Group and Softbank among its backers, is seeking regulatory approval to raise up to 166 billion rupees in one of the biggest stock market listings in the country.
"Companies within the digital space have good growth potential because of the increase in the number of internet users and wide access among the youth," said Ajit Mishra, vice president of research at Religare Broking in Noida. Several Indian startups have flagged plans to go public as they cash to cash in on growing investor interest from foreign funds.