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PHONEPE SHAREHOLDERS
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...- 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...
- 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’s 13-minute delivery draws praise from Walmart Inc President and CEO John FurnerWalmart's CEO John Furner has expressed enthusiasm over Flipkart's groundbreaking 13-minute delivery service, marking it as a transformativ...
- 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...
- 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...
- Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
- Iran war leaves Rs 3 lakh crore IPO backlog in India. Will Reliance Jio, NSE and others end the lull soon?India’s IPO market has slowed amid volatility and weak sentiment, despite a robust pipeline of over Rs 3 lakh crore. Companies are adopting...
- PhonePe explored investment in Dunzo’s merchant businessHowever, Dunzo investors were not in favour due to strategic nature of Walmart-backed company.
- PhonePe says it is fully compliant with Press Note 3: MoS Finance Pankaj ChaudharyUnder PN3, all FDI proposals from entities based in a country that shares a land border with India or where the beneficial owner of such FD...
- PhonePe racks up additional $200 million from Walmart in ongoing fundraiseThe round is being raised at a pre-money valuation of $12 billion, making PhonePe the most valuable fintech in the country, surpassing paym...
- Govt may land $1 billion in taxes from PhonePe’s India shift, new raiseThis is due a long-term capital gains tax payout that will be made to the government as PhonePe is raising fresh capital from investors at ...
- 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
- 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...
- PhonePe unit’s shareholding may mirror Flipkart’s post separationBengaluru-based payments company has held early-stage talks for new financing at a significant higher valuation
- 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 Indus OS deal: Singapore court dismisses Affle case on validity of EGMPhonePe, Affle and others hold informal talks for a settlement to put an end to the year-long legal battle.
- 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...
- Walmart puts $700 million into hived-off PhonePeThe retail giant takes its stake to 10% as Flipkart spins off its payment arm at $5.5 billion post-money valuation.
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