Archive · 24 Sep 2025
PhonePe Files for IPO, Eyes $1.35 Billion Raise
PhonePe, a financial technology company backed by Walmart, is planning to launch an IPO to raise approximately $1.35 billion.
The company's valuation is estimated to be $15 billion.
In the fiscal year ending March 31, 2025, PhonePe reported ₹7,115 crore in consolidated revenue, a 40% increase from the previous year.
The filing was done via a confidential route, the details of which are not yet public.
PhonePe, a fintech firm, filed for an IPO.
The IPO is planned through a confidential route.
The company seeks to raise around $1.35 billion.
PhonePe's estimated valuation is $15 billion.
Consolidated revenue for FY25 was ₹7,115 crore.
- Who
- PhonePe
- What
- Filed for an IPO
- When
- Not specified
- Where
- India
- Why
- To raise capital
- Company
- PhonePe
- Parent Company
- Walmart
- IPO Amount
- ₹120 billion ($1.35 billion)
- Company Valuation
- $15 billion (estimated)
- FY25 Revenue
- ₹7,115 crore (consolidated)
- Revenue Increase (FY25)
- 40%
Sources
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