Walmart-backed Phonepe to run-up $15 Bn valuation for IPO
PhonePe’s most recent funding round was in May 2023, when it raised $850 million. Ahead of its IPO debut, Walmart-backed PhonePe has converted its name from “PhonePe Private Limited” to “PhonePe Limited, according to a RoC filing from Tofler. The digital payment firm had earlier initiated plans to launch its IPO in 2025, targeting a…
