India’s PhonePe Aims For $10.5 Billion Valuation in IPO

India’s PhonePe Aims For $10.5 Billion Valuation in IPO

Indian payments platform PhonePe reportedly hopes to go public at a valuation of $9 billion to $10.5 billion. This indicates that the Walmart-backed company will raise around $900 million to $1.05 billion, Reuters reported Wednesday (March 4), citing two sour…

Indian payments platform PhonePe reportedly hopes to go public at a valuation of $9 billion to $10.5 billion.This indicates that the Walmart-backed company will raise around $900 million to $1.05 bil… [+2431 chars]