PhonePe Files Confidential IPO Papers, Eyes ₹12,000 Cr Fundraise

• ByStartupStory     |    September 24, 2025

Bengaluru-based digital payments giant PhonePe, owned by Walmart, has confidentially filed draft papers for an initial public offering (IPO), setting the stage for what could be one of India’s largest public market debuts.

The company has submitted a pre-filed Draft…