PhonePe IPO: A big update has come for the investors who have been waiting for the IPO of digital payment company PhonePe for a long time. The company has again filed IPO papers with the market regulator SEBI to launch its IPO. According to Reuters news, through this IPO, the stake of PhonePe’s largest shareholder Walmart will be partially reduced, while early investors Microsoft and Tiger Global will completely exit.
PhonePe IPO: Company files papers again, Walmart will sell 9% stake; Complete exit of Microsoft and Tiger Global – Market
