The fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...

Happy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.

Shanghai-based StepFun, which develops general-purpose foundation models, has decided an onshore corporate structure would be more appropri...

PhonePe, backed by Walmart, focuses on made-in-India products. It launched Indus Appstore and Pincode to compete with Google, Apple, Flipka...

Valued at $700 million, Kreditbee flipping base to India will set the stage for a domestic initial public offering by the company — the key...

Walmart CFO David Rainey said ecommerce company Flipkart and PhonePe are on the path to profitability. Flipkart’s losses in the ecommerce s...

The approval from Singapore's court paves the way for Peak XV Partners-backed Pine Labs to shift its domicile to India. Multiple other comp...

During Walmart's quarterly analyst call, chief financial officer John David Rainey said that Flipkart grew by double digits for the first q...

Flipkart aims to move domicile from Singapore to India for an IPO. Talks gain impetus for largest local consumer internet company to revers...

Increasing number of large startups across sectors looking to shift from US, Singapore

The Y Combinator-backed Razorpay, valued at $7.5 billion, had to necessarily domicile itself in the US, when it raised funds from the Silic...

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

With easy access to capital, changes in rules regarding round tripping, and the growing maturity of India’s capital markets, startups opera...

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...

Nigam said the company faced several challenges during its shift from Singapore to India last October as Indian law poses “certain obstacle...

Walmart bought a controlling stake in Indian ecommerce giant Flipkart in 2018, giving it ownership of PhonePe.

The fintech firm has moved businesses and subsidiaries of PhonePe Singapore, including its insurance broking services and wealth broking se...