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PhonePe halts IPO plans amid Middle East tensions

17 Mar 2026 · 16:13 ISTafter close1 source ↓written by the desknot a recommendation

valuing it between: $9bn to $10.5bn

PhonePe has paused its IPO plans due to geopolitical tensions in the Middle East and global market instability. The fintech firm was aiming to raise up to $1.5bn, valuing it between $9bn to $10.5bn. The listing process will resume when conditions improve, impacting investor sentiment in the fintech sector.

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 17 Mar 2026, 16:13 IST.

Sourcesnews.google.com

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PhonePe halts IPO plans amid Middle East tensions

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