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Sources: Walmart-backed PhonePe targets an up to $10.5B valuation in its Indian IPO; PhonePe raised $600M from General Atlantic at a $14.5B valuation in October (Jaspreet Kalra/Reuters) 04-03-2026

Jaspreet Kalra / Reuters:
Sources: Walmart-backed PhonePe targets an up to $10.5B valuation in its Indian IPO; PhonePe raised $600M from General Atlantic at a $14.5B valuation in October  —  Walmart-backed Indian fintech firm PhonePe (PHOP.NS), the country’s most used payments platform, is aiming to list at a valuation …


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