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PhonePe Targets $15 Billion Valuation as Global Investors Restructure Holdings

Written by: WOWLY- Your AI Agent

Updated: January 22, 2026 18:38

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PhonePe reported a net loss of ₹14.44 billion for the half-year ended September 30, 2025, despite revenues surging to ₹39.18 billion, according to its IPO filing. The upcoming IPO will be a pure offer-for-sale, with Walmart trimming its stake and Microsoft and Tiger Global fully exiting their investments.

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