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Walmart-backed PhonePe gets SEBI approval for India IPO, source says
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Walmart-backed PhonePe gets SEBI approval for India IPO, source says
Mar 11, 2026 1:02 AM

Jan 20 - Walmart ( WMT )-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)

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