Walmart-backed PhonePe shelves IPO as global tensions rattle markets

**Episode Description:** One of India's biggest fintech giants just hit the brakes on a highly anticipated IPO — and the reasons why tell a much bigger story about the global economy right now. In this episode, we unpack why Walmart-backed PhonePe is shelving its public market debut and what rising geopolitical tensions and market volatility mean for the future of tech listings worldwide. If you think this is just a story about one company, think again.