IT Financial ServicesMedium impactPre-market

PhonePe halts IPO plans amid Middle East tensions

18 Mar 2026 · 07:02 ISTpre-market1 source ↓written by the desknot a recommendation

raise: $1.5bn
a valuation between: $9bn and $10.5bn

PhonePe has paused its IPO plans due to geopolitical tensions in the Middle East and global market instability. The fintech company was aiming to raise up to $1.5bn, with a valuation between $9bn and $10.5bn. It will resume the listing process when market conditions improve.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 18 Mar 2026, 07:02 IST.

Sourcesnews.google.com

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PhonePe halts IPO plans amid Middle East tensions

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