Paytm company is planning to raise an IPO of $3 billion (INR 21,800 crores).
If it successfully happens this will be the largest IPO in India.
Earlier the largest IPO in India was ₹15,200 crores by Coal India.
IPO explained in short, Initial Public Offering, it is the processing of raising funds from the public by private companies.
Paytm is now waiting for RBI approval to proceed with the IPO.
