IPO-bound PhonePe cofounders sold stake worth $430 million to General Atlantic in 2025PhonePe cofounders Sameer Nigam and Rahul Chari sold shares worth Rs 3,937 crore ($430 million) to US private equity firm General Atlantic ...
22 Jan, 2026, 09.27 PM IST
General Atlantic invests another $600 million in IPO-bound PhonePePhonePe has raised $600 million of new funding from General Atlantic (GA) as it gears up for a local listing early next year. The latest in...
31 Oct, 2025, 11.31 PM IST
Flipkart pays $700 million Esop to staff post PhonePe splitMore than 24,000 individuals, including former Flipkart and Myntra employees, are eligible for payments from the buyback.
15 Jul, 2023, 02.43 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
ETtech Deals Digest: Late-stage investments boost funding in Indian startups to $447 million this weekIndian startups secured a total of $447 million in funding this week across 20 rounds, according to data provided by market intelligence fi...
26 May, 2023, 04.42 PM 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
PhonePe bags another $100M from General Atlantic; TCS snags Rs 15,000 crore BSNL advance orderWalmart-backed digital payments major PhonePe on Monday announced that it has raised $100 million in funding from General Atlantic, confirm...
22 May, 2023, 07.24 PM IST
General Atlantic to deploy up to $1 billion a year in India“We are tracking big policy changes announced by the government that will accelerate creation of digital infrastructure for services and pr...
08 May, 2023, 12.02 PM IST
ETtech Deals Digest: Indian startups raised $206 million this weekFunding this week dipped 86% from the same one-week period last year, when startups had raised $1.5 billion across 66 rounds. And compared ...
14 Apr, 2023, 06.36 PM IST
PhonePe chalks up further $100 million from General Atlantic; more expectedPrivate equity, co-investors have infused $450 m in ongoing fundraise, may go up to $600m
13 Apr, 2023, 01.20 AM IST
PhonePe lands $100-million top-up at $12-billion valuationThe fintech startup in January had raised $350 million from General Atlantic; plans $1-billion primary fundraise.
15 Feb, 2023, 10.08 AM IST
PhonePe raises $350 million funding from General Atlantic at $12 billion pre-money valuationWhile 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....
19 Jan, 2023, 11.20 PM IST
Walmart paid most of $1 billion tax for PhonePe shifting base to IndiaWalmart bought a controlling stake in Indian ecommerce giant Flipkart in 2018, giving it ownership of PhonePe.
05 Jan, 2023, 01.57 PM IST
PhonePe separation official; online payments firm to be India-domiciled nowHive-off comes on the back of PhonePe’s funding round of $1.5-2 billion at a valuation of $12 billion
24 Dec, 2022, 12.29 PM IST
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...
08 Dec, 2022, 07.26 PM IST
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...
08 Dec, 2022, 07.23 PM IST
Flipkart may go for $700 million Esop buyback as part of PhonePe financing roundThe buyback, likely the largest in India’s new-age internet economy, is part of PhonePe’s latest $1.5-2 bn funding round led by Walmart
29 Nov, 2022, 01.34 PM IST