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FedEx subsidiary FedEx Express invests $100M in Indian e-commerce logistics startup Delhivery, and will transfer part of its local India business to Delhivery (Manish Singh/TechCrunch)

Paytm files for an IPO in India, looking to raise $2.2B  —  Digital payments giant Paytm, one of India’s most valuable startups, plans to raise up to $2.2 billion in an initial public offering, it said in draft papers submitted to the country’s market regulator on Friday.

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