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SUMMARY
PhonePe is looking to raise about INR 12,000 Cr ($1.35 Bn) via a complete offer for sale (OFS)
Walmart, Tiger Global and Microsoft are the investors who plan to offload their stakes via the OFS
Ahead of filing its DRHP, the fintech giant initiated ESOP buyback worth up to INR 700 Cr to INR 800 Cr earlier this month
Walmart-owned fintech giant PhonePe
has pre-filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
The company is looking to raise about INR 12,000 Cr…
