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The Economic Times

Business / The Economic Times

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IPO-bound PhonePe targets growth in payments, merchants, new platforms

Walmart-backed PhonePe is preparing for an IPO likely in April, with plans to expand its presence in digital payments while growing its financial services and consumer platforms. The public offer will be entirely an offer for sale of 5.06 crore shares by existing investors, with no fresh issue component, after receiving Sebi approval earlier this year.

8 Feb 2026 11:54 am