IPOs could raise up to $25 billion in 2026, too, despite D-St cautionIndia's primary market anticipates a strong showing in 2026 with several large IPOs. Companies like Jio Platforms, National Stock Exchange,...
20 Apr, 2026, 09.08 PM IST
Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
20 Apr, 2026, 11.20 AM IST
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...
14 Apr, 2026, 10.30 PM IST
Fintechs go easy on IPO plans as war rattles stock marketsPublic listing plans for new-age fintech companies have received a major blow as the crisis in West Asia has battered the Indian rupee and ...
02 Apr, 2026, 06.00 AM IST
PhonePe pauses IPO; Databricks' India ramp-upPhonePe has deferred its IPO citing the Iran war. However, sources tell us pricing of the issue was a key concern. This and more in today's...
17 Mar, 2026, 06.26 PM IST
What led to PhonePe delaying its IPO? Beyond war, valuation a major concernPhonePe IPO delayed: PhonePe has postponed its $1.3 billion IPO due to volatile markets, valuation concerns and geopolitical tensions. The ...
17 Mar, 2026, 07.10 AM IST
PhonePe explored investment in Dunzo’s merchant businessHowever, Dunzo investors were not in favour due to strategic nature of Walmart-backed company.
18 Dec, 2023, 12.04 PM IST
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...
11 Dec, 2023, 06.01 AM IST
Prosus-owned PayU targets India IPO filing in February, hires bankersPayU has appointed Goldman Sachs, Morgan Stanley and Bank of America as advisors for the IPO, which it plans to list by the end of 2024. It...
10 Oct, 2023, 04.46 PM IST
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...
05 Jun, 2023, 09.48 AM IST
PhonePe gets another $100 million from General Atlantic; total funding rises to $850 millionWalmart Inc-owned Indian payments firm PhonePe on Monday said that it has secured an additional $100 million from private equity firm Gener...
23 May, 2023, 10.45 AM IST
ETtech Exclusive: PhonePe may waive off ZestMoney’s $18 million debt after failed acquisitionThe Walmart-owned digital payments major is looking to strike a commercial agreement and may pay $8 million to ZestMoney for the licensing ...
26 Apr, 2023, 08.07 AM IST
ETtech Exclusive: PhonePe calls off deal to acquire ZestMoney amid due diligence concernsAccording to sources privy to the developments, lapses in due diligence, disagreements over valuation, sustainability of the business and s...
31 Mar, 2023, 07.37 AM IST
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...
23 Dec, 2022, 08.08 PM IST
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...
03 Sep, 2021, 12.25 AM IST
PhonePe gets $50 million from Tencent but won't use it in IndiaThe Singapore unit of PhonePe has raised $66.5 million (about Rs 500 crore) in a funding round led by Chinese tech company Tencent Holdings...
19 Aug, 2021, 06.02 PM IST
Walmart got a $10 billion surprise after buying FlipkartA payment business Walmart got as part of the deal is now emerging as one of India's top startups.
10 Jul, 2019, 04.48 PM IST