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Walmart promoted PhonePe picks 4 i-banks to kick off mega IPO next week; eyeing up to $15 billion...
Update / Judgement Date
25 Feb 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Investment BankingSEBI & SCRA
Walmart-promoted PhonePe has picked 4 investment banks to kick off its mega IPO, targeting a $15 billion valuation. This move highlights PhonePe's progress towards a public listing. It underscores the importance of strategic IPO planning. This move reflects PhonePe's efforts to raise capital. It emphasizes the need for strong financial backing. The IPO aims to enhance PhonePe's market position.
