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IPO-bound PhonePe sharpens growth focus ahead of listing plans

PhonePe is focusing on payments, merchants, and new platforms to strengthen its growth narrative ahead of a potential IPO.
IPO bound PhonePe is sharpening its growth strategy by expanding payments, merchant services, and new platform offerings ahead of a potential listing. The fintech major is focusing on deeper merchant engagement, diversified revenue streams, and product innovation.Scaling beyond core payments while improving profitability could strengthen PhonePe’s IPO story as competition intensifies across India’s digital payments ecosystem over the coming quarters and investor sentiment.