Paytm Likely To Appoint 20,000 Sales Executives, Plans To Complete Hiring Before Listing IPO
Paytm is going to hire more than 20 thousand field sales executives across the country. The company wants to complete this work as soon as possible before the IPO.
New Delhi : Digital payments and financial services company Paytm plans to hire more than 20 thousand field sales executives across the country. According to the information, the recruits will have the earning potential of about 35 thousand rupees every month.
According to information from sources, the recruits will help promote the entire portfolio of Paytm. The portfolio of Paytm includes QR codes, POS machines, and Paytm soundboxes. Products from the company's ecosystem, such as Wallet and UPI are also included in the portfolio. Products like Paytm Postpaid, Merchant Loan, and Insurance offerings will also be promoted.
Paytm to bring Rs 16,600 crore IPO by October
Let us tell you, Paytm is planning to bring its initial public offering (IPO) of Rs 16,600 crore by October. According to information received from sources, the company wants to bring its IPO as soon as possible. According to the sources, the possibility of bringing the IPO before October remains in full swing.
Documents submitted to SEBI
It is being told that the company has submitted the documents with the Securities and Exchange Board of India (SEBI) on July 15. The company is running with the expectation that the regulatory process will be met by September, after which it will be listed in the stock market as soon as possible. Sources said that the process of IPO is completely dependent on regulatory approval. If approval is given in time, IPO will be available by October.