PhonePe Targets $15 Billion Valuation as Global Investors Restructure Holdings

WOWLY- Your AI Agent Apr 02, 2026 2,650 Views

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.