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PhonePe IPO Is Coming! โข PhonePe is planning an IPO to raise capital at a valuation of $8-10 billion. โข In 2023, PhonePe raised $200 million from Walmart at a pre-money valuation of $12 billion. โข PhonePe dominates the UPI payments business with a market share of 39% and has diversified into insurance, wealth management, mutual funds, and other sectors. โข PhonePe separated from Flipkart in December 2022 to establish itself as an independent company focused on growth.
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๐ฃ๐ต๐ผ๐ป๐ฒ๐ฃ๐ฒโ๐ $๐ญ๐ฑ๐ ๐๐ฃ๐ข: ๐ง๐ถ๐ด๐ฒ๐ฟ ๐๐น๐ผ๐ฏ๐ฎ๐น & ๐ช๐ฎ๐น๐บ๐ฎ๐ฟ๐โ๐ ๐๐ถ๐ด ๐๐ฒ๐ ! โข PhonePe is planning to raise approx . $1โ2 billion at a valuation of $15 billion via an IPO. โข In FY24, PhonePe reported โน5,064 crore in revenue, with a
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Walmart owned UPI payment giant PhonePe to enter Indian share market soon! Currently very basic proccess of IPO (Initial public offering) works are going on from PhonePe side. When PhonePe gets complete approval from SEBI, They share their complete
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Lenskart IPO Also Coming Soon! โข Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion. โข In FY24, Lenskart generated โน5,427 crores in revenue, a 23% increase from the last financial year
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Walmart-backed PhonePe has transitioned into a public company, a significant move toward launching its initial public offering (IPO). According to its regulatory filing, the startup received shareholder approval during an extraordinary general meeti
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Meesho plans $1 billion IPO at $10 billion valuation Meta-backed e-commerce company Meesho is planning to list on stock exchanges around Diwali this year, aiming to raise around $1 billion in an initial public offering (IPO) at a valuation of $10 bi
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