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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…
