PhonePe to file IPO papers by August, targets $1.5 billion funding
Walmart-backed Indian fintech firm PhonePe is preparing to file preliminary documents for its initial public offering to raise as much as $1.5 billion, sources have said.
The IPO would value PhonePe at nearly $15 billion, they said, adding that PhonePe is planning to file draft papers for the listing by August.
