Mumbai (Maharashtra) [India], January 20: This one matters. PhonePe, India’s largest digital payments platform, has quietly crossed a critical regulatory hurdle. SEBI has approved its IPO plans, pushing the fintech giant closer to a blockbuster market debut.
PhonePe has received approval from the Securities and Exchange Board of India for its initial public offering, according to sources familiar with the matter. The approval follows the company’s confidential filing in September, a route increasingly favoured by large firms that…

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