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India’s Paytm to file draft prospectus as early as July 12 for $2.3 billion IPO -sources | Reuters

One97 Communications Ltd, the parent of Indian payments firm Paytm, will file a draft prospectus as early as July 12 for a domestic initial public offering (IPO) that seeks to raise $2.3 billion, two sources close to the matter said on Monday. Reporting by Sankalp Phartiyal in NEW DELHI and Scott Murdoch in HONG KONG; Editing by Muralikumar Anantharaman

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