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PHONEPE ACQUISITIONS
Oyo parent Prism gets Sebi nod for IPO; plans to raise Rs 6,650 crore: SourcesHospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise Rs 6,650 crore. The company plans t...- IT stocks rally as AI deals, valuations draw investorsIndian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since Ap...
- 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...
- 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...
- Sebi approves over $1 billion Zepto IPO; 5 other companies also get nodSebi has approved Zepto’s IPO, paving the way for a potential Rs 12,000 crore listing in 2026. The quick commerce startup aims to strengthe...
- 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...
- Palo Alto Networks acquires Portkey; Tim Cook on Apple's India growthPalo Alto Networks is acquiring Portkey, doubling the AI infrastructure startup's valuation. This and more in today's ETtech Top 5.
- Smaller UPI apps to demand fresh curbs on market leaders at NPCI meet: SourcesSmaller third-party UPI players are set to propose new curbs on market leaders like PhonePe, Google Pay, and Paytm to the NPCI. They aim to...
- UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
- UGRO Capital is ditching low-yield lending; founder on plan to triple returns by FY29UGRO Capital has halted new loans in its low-yield, DSA-led book, a strategic pivot aimed at boosting profitability. This move, involving s...
- Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
- Rediff files confidential IPO papers; eyes Rs 600-800 crore fundraiseThe proposed initial public offering could raise between Rs 600 crore and Rs 800 crore, although the final size will depend on market condi...
- PhonePe, Affle Global reach settlement on OSLabs acquisitionET reported on April 13 that both parties were looking to settle the matter after filing cases against each other in the Singapore High Cou...
- Walmart-backed PhonePe set to acquire WealthDesk, OpenQ for $75 millionPhonePe, which had also applied for a mutual fund license with the Securities and Exchange Board of India (Sebi) last December, will acquir...
- As dispute settles, Affle’s Anuj Khanna Sohum to join Indus OS boardIn a statement, AGPL said that it nominated Anuj Khanna Sohum to be a non-executive director on the board of OSlabs and his appointment was...
- PhonePe and Affle Global to settle IndusOS disputeThis comes as ET broke the news on April 13, on a senior judge of the Singapore High Court dismissing at least two appeals filed by Affle, ...
- PhonePe acquires GigIndia, to strengthen enterprise offeringsPhonePe said the acquisition will allow it to leverage GigIndia's network of freelance microentrepreneurs to help corporates and enterprise...
- PhonePe goes to Sebi against Ventureast for 'scuttling' Indus OS dealPhonePe’s complaint with Sebi against Ventureast follows allegations that Ventureast sold its stake in IndusOS to Affle
- PhonePe's legal battle intensifies over Indus OS acquisitionAffle, a minority investor in Indus OS, has filed a petition against PhonePe in a Singapore court. Indus OS, keen to close the acquisition ...
- PhonePe to acquire content discovery platform Indus OS for $60 millionBengaluru-based PhonePe's rationale for acquiring Indus OS is to boost its ‘super app’ Switch
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