PayNearby Plans IPO Next Fiscal Year

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SUMMARY

PayNearby is planning for an initial public offering in the next financial year to fuel its expansion

The startup is in the process of finalising a merchant banker for the IPO, after which it plans to file its DRHP

The startup also plans to hire 600 employees by the end of the current fiscal year

Mumbai-based fintech PayNearby is reportedly planning for an initial public offering (IPO) in the next financial year to fuel its expansion.

Chief executive and managing director at PayNearby Anand Kumar Bajaj told Reuters…



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PayNearby Plans IPO Next Fiscal Year


SUMMARY

PayNearby is planning for an initial public offering in the next financial year to fuel its expansion

The startup is in the process of finalising a merchant banker for the IPO, after which it plans to file its DRHP

The startup also plans to hire 600 employees by the end of the current fiscal year

Mumbai-based fintech PayNearby is reportedly planning for an initial public offering (IPO) in the next financial year to fuel its expansion.

Chief executive and managing director at PayNearby Anand Kumar Bajaj told Reuters…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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