PhonePe is aiming to raise around ₹12,000 crore at an estimated valuation of about $15 billion (₹1.35 lakh crore). At this ...

According to the updated draft IPO papers filed last week, the contribution of payments to the Walmart-owned firm’s operating ...

Payments still power scale. But its updated draft red herring prospectus (UDRHP) shows that PhonePe’s monetisation story lies ...

Bengaluru As PhonePe gears up for its much-awaited initial public offering in April 2026, the spotlight is firmly on the ...

PhonePe has filed its updated Draft Red Herring Prospectus (DRHP), highlighting changes in payment processing charges as a risk factor.

To reduce reliance on its payments vertical, PhonePe is scaling its lending and insurance businesses, which now contribute 11 ...

Walmart-backed PhonePe plans to launch its IPO in April, aiming to expand its reach in India's digital payments sector. With a focus on growth through digital payments and new consumer platforms, ...

PhonePe is set for a 100% IPO offer, leveraging its cash reserves. Despite regulatory challenges, it is transitioning to a diversified fintech platform, emphasizing sustainable growth and regulatory ...

PhonePe's Draft Red Herring Prospectus reveals operational revenue of ₹3,918 crore in H1 FY26, driven largely by payments.

For a long time, PhonePe has been explained in one line: a UPI app. That line works in everyday conversation but limits how ...

Promoter WM Digital Commerce Holdings, a subsidiary of Walmart International Holdings Inc, plans to sell 4.59 crore shares through the offer-for-sale, representing 9.06% of the company’s total paid-up ...

PhonePe IPO is more about liquidity for existing shareholders like Walmart and Tiger Management, rather than raising capital for future growth.