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PHONEPE STAKE SALE
Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.- 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...
- 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...
- 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...
- 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 ...
- Why no one wants to sell the PhonePe stock?PhonePe's upcoming IPO in 2026 is set to be a major event. Notably, most shareholders are not selling their stakes. This indicates strong c...
- 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 ...
- PhonePe pares 5% stake in MapmyIndia for Rs 486 croreFollowing the stake sale, shares of CE Info Systems plunged 9.39% to settle at Rs 1,768.75 apiece on the BSE. The shares were sold at an av...
- MapMyIndia shares crack 9% on likely 5% stake sale by PhonePe via block dealMapMyIndia's parent company, CE Info Systems, experienced a significant stock dip of 8.56% on the BSE following reports of PhonePe potentia...
- Walmart reports strong sales for Flipkart, transaction growth for PhonePeWalmart’s international segment sales were up 11%, helped by double-digit growth in India among other geographies, said John David Rainey, ...
- Exclusive: Big payday for PhonePe founders post Flipkart Esop saleCofounders to receive $20-25 m each by liquidating stock options in erstwhile parent
- ETtech Exclusive: Accel, Tiger Global may exit Flipkart in $1.5B share saleWhile Accel owns a little over 1% stake, Tiger Global currently holds about 4% in Flipkart. Once a deal is finalised, Walmart’s stake in Fl...
- 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....
- 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 ...
- Affle claims victory in Indus OS stake sale lawsuit; PhonePe, OSLabs refuteThe company operates app store 'Indus App Bazaar', which comprises over four lakh apps accessible in English and 12 Indian languages -- Hin...
- 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 ...
- ETtech Exclusive: PhonePe's Indus OS deal in a legal tangleThe fintech company is battling two existing investors in the five-year-old startup in a Singapore court.
- Flipkart invests $90 million more in marketplace, PhonePe platformThe funding for PhonePe comes at a time when the payments company is up against WhatsApp Pay, which is preparing to go live to a wider set ...
- Walmart plans to spin off PhonePe from FlipkartThe proposed demerger will coincide with PhonePe's ongoing fund raising plan of about a billion dollar through primary and secondary sale o...
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