Paramotor Digital Technology, a fintech and enterprise technology company, has received approval from Sebi for its IPO. The company had filed its draft papers with Sebi through the confidential pre-filing route on May 17.
Founded in 2016, Paramotor Digital Technology operates across consumer spend management, rewards and loyalty solutions, digital gifting and enterprise technology services. The company is led by Executive Chairperson Sonia Asher and Managing Director Rahul Anand, who have experience across banking, payments and information technology.