PhonePe begins IPO process, set to become third fintech to list in 5 years

Fintech major PhonePe on Thursday said it had kicked off preparations for a potential listing in the country over two years after it reverse-flipped from Singapore.

The announcement comes as the company completes a decade in business operations. PhonePe would be the third fintech company to hit the bourses in five years after Paytm and MobiKwik made their debut on the stock exchanges.