PhonePe Eyes Mega ₹97,000 Crore IPO as Competition with Paytm Intensifies
PhonePe is preparing for a public listing that could value the Walmart-backed fintech firm at around ₹97,000 crore, drawing comparisons with its listed rival Paytm and setting the stage for a fresh contest in India’s fintech sector. PhonePe currently leads the digital payments ecosystem in scale and reach. The platform commands more than 45% share […]