PhonePe IPO Clears SEBI, Fintech Heavyweight Gears Up for Market Debut

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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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PhonePe IPO Clears SEBI, Fintech Heavyweight Gears Up for Market Debut


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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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