After Paytm, Walmart-Backed PhonePe Eyes India’s Second-Biggest Fintech IPO at Up to $10.5 Billion Valuation
India’s fintech sector is gearing up for another landmark moment as PhonePe, backed by Walmart, prepares for what could become the country’s second-biggest fintech IPO, targeting a valuation of up to $10.5 billion. Following the precedent set by Paytm’s high-profile listing, PhonePe’s move is expected to reshape the competitive landscape of digital payments and financial…