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WALMART BACKED PHONEPE
Curefoods follows Flipkart, PhonePe to delay IPO plan amid choppy marketsCloud kitchen platform Curefoods has postponed its Rs 800 crore IPO plans after Sebi approval, as mutual funds resisted its Rs 4,000 crore ...
Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
Water purifier maker Kent RO delays IPO as Mideast war dents sentimentKent RO Systems has postponed its stock market debut. The Indian water purifier maker cites global market volatility, worsened by the Iran ...
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...
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.
Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
Bullish on quick commerce, says Walmart CEO John Furner at Flipkart townhallWalmart CEO John Furner expressed strong confidence in India's quick commerce potential during his visit, highlighting Flipkart's aggressiv...
India represents one of most dynamic opportunities in global commerce: Walmart CEOWalmart has sourced over $40 billion in goods from India, highlighting the country's significant role in global commerce. The retail giant ...
PhonePe’s Share.Market CEO Ujjwal Jain steps downUjjwal Jain, CEO of PhonePe's stock trading platform Share.Market, has departed after four years, calling it a "relaunch" for his next vent...
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
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...
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...
Walmart-backed PhonePe targets up to $10.5 billion valuation in India IPOPhonePe is targeting a $9 billion to $10.5 billion valuation in its IPO, aiming to raise about $900 million to $1.05 billion. Backer Walmar...
PhonePe prepares for $1.5 billion IPO: All you need to knowPhonePe is preparing for a $1.5 billion IPO in 2025, targeting a $15 billion valuation. The fintech firm has shown strong revenue growth an...
PhonePe narrows loss in FY25 as revenue jumps 40% to Rs 7,115 crorePhonePe, backed by Walmart, reduced its net loss in fiscal year 2025. The fintech firm's revenue increased significantly. Payment services ...
Walmart-backed PhonePe seeking to raise $1.5 billion from India IPO: BloombergWalmart-backed Indian fintech firm PhonePe is preparing to file preliminary documents for its initial public offering to raise as much as $...
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...
PhonePe seeks to raise $1 billion: reportThe all-equity round is expected to close in the next two weeks and may take Walmart-backed PhonePe's valuation close to $13 billion, accor...
Walmart-backed PhonePe seeks to raise $1 billionThe all-equity round is expected to close in the next two weeks and may take Walmart-backed PhonePe's valuation close to $13 billion, accor...
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.