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PhonePe Converts to Public Company Ahead of Highly Anticipated IPO

Shan April 19, 2025
With a $12 billion valuation and strong market presence, PhonePe sets the stage for one of India’s biggest fintech listings. PhonePe, one of India’s leading digital payments platforms, has officially converted into a public company in preparation for its highly anticipated initial public offering (IPO). This strategic move marks a major milestone for the fintech giant as it positions itself for long-term growth and greater transparency. Founded in 2015, PhonePe has grown rapidly to become one of India’s most widely used digital payment apps. The platform enables users to make quick a
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