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PhonePe IPO at $15 billion: Can the marquee valuation trigger a re-rating for its rival Paytm?
The proposed IPO of PhonePe at a reported valuation of $13–15 billion could be a marquee event in India's fintech space. A recent report by Macquarie Equity Research says that PhonePe's listing ...
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Mutual funds trim Paytm stake for first time since IPO; retail exits deepen. What’s next for investors?
India’s domestic mutual funds pared their stake in One97 Communications Ltd., the parent of payments aggregator Paytm, during the October–December quarter. This marks the first time mutual funds have ...
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