PhonePe Files UDRHP For ₹12,000 Cr IPO, Walmart To Trim Stake As Microsoft, Tiger Global Exit
PhonePe, India’s leading digital payments and financial services platform backed by Walmart, has taken one step ahead towards listing. The company has filed its Updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI), following SEBI’s confidential IPO approval on 24 September 2025. The proposed public issue, estimated at INR […]






