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Walmart-backed payments giant PhonePe receives Sebi nod for IPO: Report

Buzz line2 months ago01 mins

Jan 20 – Walmart-backed Indian payments firm PhonePe has received regulatory approval for its stock market listing from the market regulator after confidentially filing for an initial public offering in September, a source familiar with the matter told Reuters on Tuesday. (Reporting by Jaspreet Kalra and Komal Salecha in Bengaluru; Editing by Nivedita Bhattacharjee) Source

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Zepto files confidential DRHP with Sebi for upcoming IPO — Here’s what you need to know

Buzz line3 months ago03 mins

New Delhi, Dec 27 (PTI) Quick commerce unicorn Zepto has filed preliminary papers with markets regulator Sebi to raise 11,000 crore through its initial public offering (IPO) using a confidential route, people familiar with the development said on Saturday. The company is targeting a stock market listing sometime next year, a move that could make…

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