Sources: Indian payments company Paytm is seeking to raise up to $3B in its forthcoming IPO, targeting a valuation of $29B; the company was last valued at $16B (Stephanie Findlay/Financial Times)

Sources: Indian payments company Paytm is seeking to raise up to $3B in its forthcoming IPO, targeting a valuation of $29B; the company was last valued at $16B (Stephanie Findlay/Financial Times)

Stephanie Findlay / Financial Times:Sources: Indian payments company Paytm is seeking to raise up to $3B in its forthcoming IPO, targeting a valuation of $29B; the company was last valued at $16BProposed share sale comes as company faces fierce competition from western rivalsIndian payments group Paytm has called
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