PhonePe IPO: Decoding business, revenue models from updated DRHP
Following the recent nod from the Securities and Exchange Board of India (SEBI), PhonePe has presented its Updated Draft Red Herring Prospectus (UDRHP), bringing it closer to its highly awaited public listing. The company, which initially submitted confidential IPO documents in September 2024, is now anticipated to launch on the markets shortly. According to the…