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Walmart’s PhonePe Halts India IPO Plan as Market Slump Deepens

📅16 March 2026 at 09:15
📰Bloomberg
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Walmart Inc.-backed PhonePe Ltd. has deferred its listing plans, becoming one of the first Indian companies to put an offering on hold amid geopolitical tensions and a sharp downturn in equity markets.

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Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.

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