Friday, 24 March, 2023

India sees new millionaires emerge as Paytm IPO soars

<p>Siddharth Pandey, an electronics engineer and ex-Paytm employee is said to become a millionaire as Paytm IPO&#39;s shares reach $2.5B. Pandey along with 350 current and ex-employees will become millionaires in the company&#39;s next listing. Each of them will have around Rs 10M ($134,401.38) net worth. He did not reveal any details, but with the share prices being at Rs 2,150 ($28.9) apiece, Pandey said he&#39;d be worth more than $1M.<br /> &nbsp;</p>