Walmart-backed PhonePe seeking to raise $1.5 billion from India IPO, Bloomberg News reports-February 2024-www.financetom.com

Walmart-backed PhonePe seeking to raise $1.5 billion from India IPO, Bloomberg News reports

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Walmart-backed PhonePe seeking to raise $1.5 billion from India IPO, Bloomberg News reports

Jun 23, 2025 12:17 AM

June 23 (Reuters) - Walmart ( WMT )-backed Indian

fintech firm PhonePe is preparing to file preliminary documents

for its initial public offering to raise as much as $1.5

billion, Bloomberg News reported on Monday, citing people

familiar with the matter.

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