PhonePe IPO: Leading fintech company is going to launch a big IPO; Valuation Rs 96,890 crore! – market

Buzz line2 months ago03 mins

Giant fintech company is going to launch a big IPO; Valuation Rs 96,890 crore! PhonePe, the company that dominates the world of UPI transactions in India, is now preparing to enter the stock market. This Walmart-invested company is aiming to be listed at a valuation of $9 billion to $10.5 billion. Although this is slightly…

PhonePe vs Paytm: Why does Emkay Global find Paytm shares to offer better risk-reward? explained

Buzz line2 months ago07 mins

Digital payments major PhonePe has filed its draft red herring prospectus (DRHP) to raise capital from the primary markets. While the PhonePe IPO timeline, issue size and other key details are yet to be disclosed, market participants have begun drawing comparisons with its listed peer Paytm, which debuted on the bourses in November 2021. According…

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