Dailymirror.news,National, February 20, 2025: Leading fintech company PhonePe has officially started preparations for its potential Initial Public Offering (IPO) and plans to list on Indian stock exchanges.

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This move marks a major milestone as the company celebrates its 10th anniversary this year, having grown into a dominant force in India’s digital payments and financial services sector.

Founded in India, PhonePe has always envisioned becoming a publicly listed company in its home country. In December 2022, the company shifted its domicile from Singapore to India and restructured its corporate framework, making its non-payment businesses fully owned subsidiaries.

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With robust revenue and profit growth across its diversified business segments, as highlighted in its FY23-24 annual report, PhonePe believes that now is the right time to move forward with its IPO plans.