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PhonePe targets payments growth
Mint Mumbai
|February 09, 2026
Walmart-backed PhonePe, which aims to float its initial public offering (IPO) in April, plans to deepen its presence in India’s digital payments market while expanding into financial services and new consumer platforms.
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In its draft papers, the company said digital payments will remain the core driver of growth, supported by investments to expand its user base, addressable market and platform scale.
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