Walmart-backed PhonePe seeking to raise $1.5 billion from India IPO, Bloomberg News reports
ReutersJun 23, 2025 7:00 AM
June 23 (Reuters) - Walmart WMT.N-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, citing people familiar with the matter.
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