Exclusive-Walmart-backed PhonePe targets up to $10.5 billion valuation in India IPO, sources say

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MUMBAI, March 4 (Reuters) - Walmart-backed Indian ⁠fintech firm PhonePe, the country's most used payments platform, is aiming to list at a valuation of between $9 ⁠billion and $10.5 billion, two people with direct knowledge of the matter said. Read full story