PhonePe has temporarily paused its IPO plans due to ongoing geopolitical tensions and volatility in global financial markets. The Walmart-backed digital payments company was targeting a valuation of around 10.5 billion USD. CEO Sameer Nigam said the company remains committed to going public in India. https://entrackr.com/news/phonepe-puts-ipo-on-hold-as-iranisraelus-war-rattles-public-markets-11217181 #India #Tech #Fintech #PhonePe
PhonePe puts IPO on hold as Iran–Israel–US war rattles public markets

PhonePe has temporarily paused its initial public offering (IPO) plans due to ongoing geopolitical tensions and volatility in global financial markets.

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