{"id":998623,"date":"2026-03-17T12:15:56","date_gmt":"2026-03-17T06:45:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=998623"},"modified":"2026-03-17T12:15:56","modified_gmt":"2026-03-17T06:45:56","slug":"phonepe-pauses-ipo-as-west-asia-war-roils-markets","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/17\/phonepe-pauses-ipo-as-west-asia-war-roils-markets\/","title":{"rendered":"PhonePe pauses IPO as West Asia war roils markets"},"content":{"rendered":"<p>Mumbai: Walmart-backed PhonePe has paused its IPO amid volatility in the markets which have fallen by about 7% since the start of the West Asia conflict. In a statement on Monday, the fintech firm said that it will resume the listing process once there is some stability in global capital markets. \u201cWe sincerely hope for a swift return to peace in all the affected regions. We remain committed to a public listing in India,\u201d said CEO Sameer Nigam.<\/p>\n<p>The delay of PhonePe\u2019s targeted $1.3 billion IPO which was set to be the second biggest public issue to be floated by a startup after Paytm\u2019s 2021 listing and a major liquidity event for its early backers probably underlines the broader risk of a temporary slowdown of the domestic IPO market which had been on a bull run last year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Walmart-backed PhonePe has paused its IPO amid volatility in the markets which have fallen by about 7% since the start of the West Asia conflict. In a statement on Monday, the fintech firm said that it will resume the listing process once there is some stability in global capital markets. \u201cWe sincerely hope for a swift return to peace in all the affected regions. We remain committed to a public listing in India,\u201d said CEO Sameer Nigam. The delay of PhonePe\u2019s targeted $1.3 billion IPO which was set to be the second biggest public issue to be floated by [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-998623","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/998623","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\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=998623"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/998623\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=998623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=998623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=998623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}