Fintech giants PhonePe and Razorpay are transitioning into public limited companies, signaling their IPO readiness in India. PhonePe’s conversion awaits approvals, while Razorpay’s move aligns with its re-domiciliation and anticipated 2026-27 IPO. These steps enable both companies to access Indian capital markets, with PhonePe addressing UPI market-share limits and Razorpay streamlining its structure.
Related Posts
New PPF rules 2024: 3 changes from October 1 that Public Provident Fund account holders should be aware of
PPF rules 2024: The Ministry of Finance has released new guidelines for Public Provident Fund (PPF) accounts that will take effect from October 1, 2024. […]
Trump Media suffers $19.2 million loss on election day, shares jump
Trump Media and Technology Group, the company behind Donald Trump’s social media platform Truth Social, reported a USD 19.2 million loss in its latest quarter. […]
Trump’s tariff war: 5 reasons why Xi Jinping isn’t blinking
- staff
- April 10, 2025
- 0
Donald Trump paused tariffs on most nations but increased levies on China. China retaliated and called for mutual respect in dialogue. The trade war threatens […]