FinTech

PhonePe To File Confidential IPO Papers This Month: Report

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SUMMARY

PhonePe is aiming to raise between $1.2 Bn and $1.5 Bn and expects to get listed by early 2026

The IPO is expected to value the company at around $10 Bn to $12 Bn

The IPO will be a mix of a fresh issue of shares and OFS, with Tiger Global and General Atlantic looking to get partial exit

Walmart-owned PhonePe is reportedly planning to pre-file its IPO papers via the confidential route by the end of September 2025. 

The fintech company is aiming to raise between $1.2 Bn and $1.5 Bn (about INR 10,000 Cr to INR 13,000…

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