PhonePe Preparing for IPO with valuation of $8 – $10 bn

June 19, 2022

PhonePe, part of the Walmart Inc- controlled Flipkart group, is considering to raise finances through an original public immolation for expanding its fiscal services portfolio and heightening its core United Payments Interface(UPI)- grounded payments operations, investment banking sources said on Wednesday. The digital payment company is seeking a valuation of USD 8- 10 billion, they added. According to