PhonePe, backed by Walmart, aims for a $10.5 billion valuation in its IPO, seeking to raise up to $1.05 billion.
Walmart-backed fintech firm PhonePe is aiming to list at a valuation of between $9 billion and $10.5 billion, two people with direct knowledge of the matter said.
That suggests the IPO will raise ab… [+2625 chars]
