HomeBusinesswalmart phonepe begins preparations for ipo in india

walmart phonepe begins preparations for ipo in india


Years

The company has developed to serve millions of customers with innovative financial services and technology solutions. ” The phone-pay transferred from Singapore to India in December 2022.

India's largest financial technology company Phone-Pe has started preparations for its possible initial public issue (IPO) to be listed in the country's stock markets. The company gave this information on Thursday.

The price of the company was $ 12 billion during the final financing round held in 2023. The phone said in a statement, “The company is taking initial steps regarding its potential IPO and planning to be listed in Indian stock markets. This is an important opportunity for the company, which will celebrate its 10 -year anniversary this year.

The company has developed to serve millions of customers with innovative financial services and technology solutions. ” The phone-pay transferred from Singapore to India in December 2022. For this, the government had to pay a tax of about Rs 8,000 crore.

Disclaimer: Prabhasakshi has not edited this news. This news has been published from the feed of PTI-language.



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