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PHONEPE EQUITY STAKE
Smallcap funds beat all equity mutual fund categories over 3 months. Should investors change SIP strategy?Smallcap funds have emerged as the best-performing equity mutual fund category over the last three months, delivering an average return of ...- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
- Walmart CEO meets PM Modi, signals deeper India investmentWalmart CEO John Furner met with Indian Prime Minister Narendra Modi. The meeting focused on India's economic growth and investment opportu...
- PhonePe IPO: Can the fintech giant convince markets it’s about more than payments?According to the updated draft IPO papers filed last week, the contribution of payments to the Walmart-owned firm’s operating revenues decl...
- IPO-bound PhonePe cofounders sold stake worth $430 million to General Atlantic in 2025PhonePe cofounders Sameer Nigam and Rahul Chari sold shares worth Rs 3,937 crore ($430 million) to US private equity firm General Atlantic ...
- PhonePe among top fintech companies with $1.3 trillion total payment value: WalmartWalmart, the world's biggest retailer, said its digital payments firm PhonePe has a total payment value (TPV) of $1.3 trillion, equalling s...
- Walmart shareholding in PhonePe reduces to 85%Since January, PhonePe has raised $850 million via five deals, including with private equity firms General Atlantic, Ribbit Capital and Tig...
- Exclusive: Big payday for PhonePe founders post Flipkart Esop saleCofounders to receive $20-25 m each by liquidating stock options in erstwhile parent
- ETtech Explainer: why PhonePe investors paid Rs 8,000 crore to shift base to India?Investors of PhonePe had to pay Rs 8,000 crore in taxes to the Indian government after it shifted its domicile from Singapore to India in O...
- PhonePe raises $350 million funding from General Atlantic at $12 billion pre-money valuationWhile the primary fundraising is estimated to be $1 billion in size, a secondary share sale will take the total financing to a range of $1....
- PhonePe separation official; online payments firm to be India-domiciled nowHive-off comes on the back of PhonePe’s funding round of $1.5-2 billion at a valuation of $12 billion
- Flipkart and PhonePe separate; deal to bring windfall for Flipkart employeesSix years after Flipkart acquired PhonePe in 2016, the two companies announced today they are going their separate ways, having concluded a...
- PhonePe Indus OS deal: Singapore court dismisses Affle case on validity of EGMPhonePe, Affle and others hold informal talks for a settlement to put an end to the year-long legal battle.
- Affle claims victory in Indus OS stake sale lawsuit; PhonePe, OSLabs refuteThe company operates app store 'Indus App Bazaar', which comprises over four lakh apps accessible in English and 12 Indian languages -- Hin...
- PhonePe allots stock options worth $200 million to employeesFlipkart had announced the partial spin-off of PhonePe, as the digital payment firm had raised $700 million in funding, valuing it at $5.5 ...
- PhonePe secures Rs 150 crore from majority stakeholder FlipkartPhonePe currently has over 250 million registered users, making it one of the most used digital payment apps in India amid an increasingly ...
- Walmart puts $700 million into hived-off PhonePeThe retail giant takes its stake to 10% as Flipkart spins off its payment arm at $5.5 billion post-money valuation.
- Flipkart partially spins off PhonePe, Binny Bansal to join board of fintech companyFlipkart co-founder Binny Bansal will join PhonePe's board of directors, along with the fintech company's co-founders Sameer Nigam and Rahu...
- Morgan Stanley values PhonePe at $7 billionThis is the first time Phone-Pe’s valuation is being put out formally amid talks of its fundraise.
- PhonePe to become a separate entity as Flipkart board approves hive off planPayments company looking to raise up to $1 billion in external capital; it’s not clear how much Flipkart will divest.
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