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flag PhonePe paused its IPO due to geopolitical tensions, market volatility, and valuation concerns.

flag PhonePe, the Walmart-backed Indian digital payments platform, has paused its IPO plans, citing geopolitical conflicts and market volatility as key factors. flag While global tensions have contributed to the delay, internal valuation concerns may also have played a role, suggesting the decision reflects both external risks and strategic considerations.

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