PhonePe plans $1.5 billion IPO: Walmart-backed fintech eyes $15 billion valuation; files DRHP with SEBI

PhonePe plans $1.5 billion IPO PhonePe Limited filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) late Tuesday night, taking the confidential route.The company confirmed the development and said the filings were made in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, reported ET.PhonePe…

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How drinking the right amount of water can lower risk of stroke and heart disease, according to studies

Chronic illnesses like stroke and cardiovascular disease continue to rank among the leading causes of death worldwide. Medical advancements have brought in better treatment, researchers are turning their attention to more simpler, everyday habits that could potentially play a powerful role in prevention.Recent scientific studies are shedding light on a common drink that may do…

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