{"id":940922,"date":"2025-06-24T07:25:38","date_gmt":"2025-06-24T01:55:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=940922"},"modified":"2025-06-24T07:46:14","modified_gmt":"2025-06-24T02:16:14","slug":"phonepe-is-said-to-seek-rs-13018-crore-for-ipo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/06\/24\/phonepe-is-said-to-seek-rs-13018-crore-for-ipo\/","title":{"rendered":"PhonePe is said to seek Rs 13,018 crore for IPO"},"content":{"rendered":"<p>Walmart Inc.\u2019s PhonePe, India\u2019s largest provider of digital payments, is preparing to file preliminary documents for an initial public offering that may raise as much as Rs 13,018 crore ($1.5 billion), according to people familiar with the matter. <\/p>\n<p>The deal would value the fintech company at about Rs 1,30,151 crore ($15 billion), and PhonePe is planning to submit a draft red herring prospectus for the listing by as early as August, the people said, asking not to be identified because the information is private.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walmart Inc.\u2019s PhonePe, India\u2019s largest provider of digital payments, is preparing to file preliminary documents for an initial public offering that may raise as much as Rs 13,018 crore ($1.5 billion), according to people familiar with the matter. The deal would value the fintech company at about Rs 1,30,151 crore ($15 billion), and PhonePe is planning to submit a draft red herring prospectus for the listing by as early as August, the people said, asking not to be identified because the information is private.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20,44,4],"tags":[],"class_list":["post-940922","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-it-2-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/940922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=940922"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/940922\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=940922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=940922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=940922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}