
PhonePe Has Been Eager to Take The First Steps Towards an Initial Public Offering (IPO) For a Long Time. Doug McMillon, Chief Executive Officer, Walmart
PhonePe stated that it had created a clear corporate structure with each of its new non-payment companies as fully owned subsidiaries when it announced its plans to go public. In 2022, it relocated from Singapore to India. CEO Doug McMillon stated on February 20 that Walmart is eager to begin the process of launching its…