PhonePe Becomes Public Entity Ahead of $15B IPO

PhonePe, one of India’s leading fintech players, has officially transitioned into a public company, moving one step closer to its much-anticipated initial public offering (IPO). Backed by Walmart, this move sets the stage for PhonePe to potentially raise funds at a whopping $15 billion valuation. The company, which started under Flipkart before separating in 2020,…

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