The IPO is expected to value the company at approximately $15bn, with plans to file a draft red herring prospectus as early as August, according to Bloomberg.

(Reuters) -Walmart-backed Indian fintech firm PhonePe is preparing to file preliminary documents for its initial public offering to raise as much as $1.5 billion, Bloomberg News reported on Monday, ...

According to NSE data, the combined active investor base of major platforms, including initial Groww, Zerodha, Angel One, Dhan, Paytm Money, and PhonePe, fell to 29.5 million in June, down from 30.5 ...

A surge in Indian startups across various sectors are preparing for their initial public offerings, with some already in the ...

Walmart Inc.’s PhonePe, India’s largest provider of digital payments, is preparing to file preliminary documents for an initial public offering that may raise as much as $1.5 billion ...

The boom in initial public offerings in India could add $2 trillion to $3 trillion in market value over the next decade, ...

PhonePe IPO: PhonePe, the largest digital payments provider in India majority-owned by Walmart Inc., is readying to submit initial documentation for a public offering that could generate up to $1. ...

PhonePe, India’s largest digital payments firm backed by Walmart, plans to file draft papers for a $1.5 billion IPO at a $15 billion valuation ...

One97 Communications-run Paytm was a distant third, while Sachin Bansal-owned Navi and Flipkart’s super.money emerged as the fourth- and fifth-largest UPI apps. UPI has grown rapidly since its launch ...

Walmart-backed Indian fintech firm PhonePe is gearing up for an initial public offering (IPO) to raise up to $1.5bn, Bloomberg reported citing people familiar with the matter. The IPO is expected ...

The boom in initial public offerings in India could add $2 trillion to $3 trillion in market value over the next decade, ...

The IPO would value PhonePe at nearly $15 billion, the report said, adding that the company is planning to file draft papers for the listing by August. Sign up here.