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PHONEPE IPO DATE
Flipkart pauses IPO discussions amid rising volatility in marketsWalmart-owned Flipkart has indefinitely paused its IPO plans due to rising market volatility and a crowded pipeline of upcoming public issu...- Zepto trims cash burn before IPO, pitches profitability by FY29 to public market investorsQuick commerce firm Zepto is engaging institutional investors for its planned June-July IPO, aiming to raise capital amid intensifying comp...
- PhonePe hits pause on IPO as Iran war roils primary market sentimentDigital payments giant PhonePe has postponed its planned public listing in India. Citing global geopolitical conflicts and market instabili...
- Walmart-backed PhonePe targets up to $10.5 billion valuation in Indian IPO: ReportWalmart-backed PhonePe aims for a $9 billion to $10.5 billion IPO, potentially raising up to $1.05 billion. This valuation marks a decrease...
- PhonePe IPO at $15 billion: Can the marquee valuation trigger a re-rating for its rival Paytm?PhonePe’s proposed IPO at a $13–15 billion valuation could become a landmark fintech listing in India and may trigger a valuation re-rating...
- PhonePe IPO: Walmart to cut 9% stake, Microsoft, Tiger Global to exitBengaluru-based PhonePe has filed an updated draft red herring prospectus for its IPO, detailing a pure offer-for-sale of up to 5.06 crore ...
- PhonePe files IPO papers; Tata 1mg funding frenzyPhonePe has confidentially filed its draft IPO papers with Sebi. This and more in today's ETtech Top 5.
- H-1B fee hike risks; PhonePe's losses shrinkThe H-1B visa fee hike threatens education lenders with riskier loans. This and more in today's ETtech Top 5.
- RBI imposes Rs 21 lakh penalty on PhonePe for non-compliance with PPI rulesThe penalty followed the Walmart-owned digital payments firm’s end-of-day balance in its escrow account on certain days falling short of th...
- PhonePe ropes in bankers for launching IPOCountry's biggest fintech firm PhonePe has roped in bankers -- Kotak Mahindra Capital, JPMorgan Chase, Citigroup and Morgan Stanley -- for ...
- PhonePe sharpens quick commerce play in first for a payments companyWalmart-backed PhonePe is poised to enter the quick commerce market, driven by growth prospects in the red-hot sector and its impending pub...
- Binny Bansal exits PhonePe board; Blackbuck's mixed market debutBinny Bansal has stepped down from PhonePe's board, following his earlier departure from Flipkart. This and more in today’s ETtech Top 5.
- Groww’s $160 million tax payout; PhonePe’s losses fallDespite a significant growth in revenue, Groww posted a net loss in FY24. This and more in today’s ETtech Top 5.
- Flipkart-PhonePe spilt: Flipkart staff to receive $700 million cash payout this monthEligible former and current employees will receive $43.67, or about Rs 3,615 for each unit of Esop they hold in Flipkart as compensation fo...
- PhonePe will likely go for an India listing, says Walmart CEO Doug McMillonWalmart's payments company PhonePe is performing well in India, according to CEO Doug McMillon. Speaking in a recent interview, McMillon sa...
- Nearly $700 million cash payout in store for Flipkart employees after PhonePe hive offEmployees who hold stock options in Flipkart will be paid cash equal to the value of PhonePe within those holdings, as the digital payments...
- WhatsApp Pay gets UPI boost; tough times for roll-up ecommerceThat could all change soon, though, as NPCI – which runs UPI – has now allowed WhatsApp Pay to increase its user limit from 40 million to 1...
- In no hurry to launch IPO, will go public when it makes sense: PhonePe CEOThe company has just "scratched the surface" when it comes to financial services and is excited about the prospects in multiple verticals l...
- Zomato responds to ad controversy; Ola chooses banks for IPOOla has chosen three banks — Kotak Investment Banking, Citigroup and Morgan Stanley — to manage its $1-billion IPO. PhonePe has received an...
- Flipkart invests $90 million more in marketplace, PhonePe platformThe funding for PhonePe comes at a time when the payments company is up against WhatsApp Pay, which is preparing to go live to a wider set ...
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