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Walmart-backed PhonePe pauses IPO plans amid geopolitical tensions, market volatility
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Walmart-backed PhonePe pauses IPO plans amid geopolitical tensions, market volatility
Mar 16, 2026 2:07 AM

March 16 (Reuters) - Walmart ( WMT )-backed Indian

fintech firm PhonePe has temporarily paused its

initial public offering plans, citing geopolitical tensions and

volatility in global capital markets, the company said on

Monday.

(Reporting by Ashwin Manikandan and Surbhi Misra; Editing by

Mrigank Dhaniwala)

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