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Paytm founder Sharma to invest IPO proceeds in insurance biz

By Tarush Bhalla

  • 28 Oct 2021
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Paytm founder Sharma to invest IPO proceeds in insurance biz
Vijay Shekhar Sharma, Founder, Paytm

Paytm founder Vijay Shekhar Sharma, who will be selling Rs 402.65 crore worth of shares in Paytm’s offer for sale (OFS), is likely to plough back a significant portion of the proceeds into the company’s general insurance arm Paytm Insurtech (PIT), a senior company executive told Mint on Thursday. Paytm owner ......

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