Paytm Raises $1.1 Bn In India’s Largest Anchor Round

Paytm Raises $1.1 Bn In India’s Largest Anchor Round

SUMMARY

The anchor round has been oversubscribed 10 times by 74 investors, out of which 21 investors had bids greater than INR 100 Cr.

Global mutual funds - ​​Blackrock, Vanguard and Fidelity; emerging markets dedicated investors - Standard Life Aberdeen, UBS, RWC participated in this round

The IPO will open for subscription on November 8th at ​​INR 2,080-2,150 price band

IPO-bound Indian fintech giant Paytm has raised INR 8,235 Cr ($1.1 Bn) from anchor investors in India’s largest anchor round. The anchor round has been oversubscribed 10 times by 74 investors, out of which 21 investors had bids greater than INR 100 Cr.

Some of the key investors participating in this round include:

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