PhonePe has temporarily paused its IPO bid amid the ongoing military conflict in West Asia and the volatility in the equity markets in India and across the globe
The fintech company said it intends to restart the IPO process once the global capital markets display some stability
It was reported earlier this month that the Walmart-owned company was planning to launch its IPO by April, targeting a valuation in the range of $9 Bn to $10.5 Bn
Fintech major PhonePe has temporarily paused its IPO plans amid the ongoing war…

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