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Business News

PhonePe turns public ahead of IPO, targets $15 billion valuation

19 Apr 2025 Zinkpot 105

CNBC-TV18

SUMMARY

 

PhonePe, India’s leading digital payments platform, has officially transitioned from a private limited company to a public limited one, a key step towards its much-anticipated IPO. The company informed the Registrar of Companies (RoC) that its name has been changed from PhonePe Private Ltd to PhonePe Limited, following an Extraordinary General Meeting on April 16. This change is pending final approval from the Ministry of Corporate Affairs.

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