India
PhonePe’s rivals Paytm and MobiKwik filed for an IPO in 2021 and 2024, respectively.
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China Digest: Chinese investors back US-based Flexiv; Saudia Cargo, TAM Group form JV in HK
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Prosus delays Indian payments firm PayU IPO
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Walmart's PhonePe looks to raise $1.5b from India IPO: Report
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China’s United Imaging Intelligence snaps over $139m in Series A round
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Oman Investment Authority adds 13 new funds to PE portfolio
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Blackstone, TPG emerge frontrunners for Metro Pacific Health
Philippines
The company revised its IPO timetable due to strong interest from strategic cornerstone investors.
World
The company is backed by Andreessen Horowitz and Lightspeed among others.
APAC IPO volumes have risen 28% to $16.8b so far this year.
Greater China
Chinese companies are looking to raise funds in HK as Western markets turn less inviting.
The unit of HDFC Bank aims to raise $1.5b from the public issue.
The deal would be the insurer’s third attempt to go public.
The firm raised $458-million in its Series C funding round in August 2023.
Indonesia
The IPO will be among the major offerings in Indonesia so far this year.
The move will support the listing of companies in sectors like AI and aerospace.
