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Walmart-backed PhonePe shelves IPO as global tensions rattle markets
Walmart-backed PhonePe shelves IPO as global tensions rattle markets PhonePe, India’s biggest digital payments platform, has put its IPO plans on hold, citing geopolitical tensions and a volatile stock market. On Monday, the Bengaluru-based company said it had paused its IPO plans, but remains committed to going public once market conditions improve. The move comes less than two months after...
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