Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...

According to the updated draft IPO papers filed last week, the contribution of payments to the Walmart-owned firm’s operating revenues decl...

PhonePe's upcoming IPO in 2026 is set to be a major event. Notably, most shareholders are not selling their stakes. This indicates strong c...

PhonePe cofounders Sameer Nigam and Rahul Chari sold shares worth Rs 3,937 crore ($430 million) to US private equity firm General Atlantic ...

Following the stake sale, shares of CE Info Systems plunged 9.39% to settle at Rs 1,768.75 apiece on the BSE. The shares were sold at an av...

Cofounders to receive $20-25 m each by liquidating stock options in erstwhile parent

While 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....

This is due a long-term capital gains tax payout that will be made to the government as PhonePe is raising fresh capital from investors at ...

Hive-off comes on the back of PhonePe’s funding round of $1.5-2 billion at a valuation of $12 billion

The company operates app store 'Indus App Bazaar', which comprises over four lakh apps accessible in English and 12 Indian languages -- Hin...

PhonePe’s complaint with Sebi against Ventureast follows allegations that Ventureast sold its stake in IndusOS to Affle

Affle, a minority investor in Indus OS, has filed a petition against PhonePe in a Singapore court. Indus OS, keen to close the acquisition ...

The fintech company is battling two existing investors in the five-year-old startup in a Singapore court.

Flipkart co-founder Binny Bansal will join PhonePe's board of directors, along with the fintech company's co-founders Sameer Nigam and Rahu...

The 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 ...

The proposed demerger will coincide with PhonePe's ongoing fund raising plan of about a billion dollar through primary and secondary sale o...

Payments company looking to raise up to $1 billion in external capital; it’s not clear how much Flipkart will divest.