Blend Labs, which provides software to banks for facilitating loans and mortgages, closes up over 15% in its market debut, valuing the company at nearly $4B (Kevin Truong/San Francisco Business Journal)

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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