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

Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...

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...

PhonePe cofounders Sameer Nigam and Rahul Chari sold shares worth Rs 3,937 crore ($430 million) to US private equity firm General Atlantic ...

Following 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's parent company, CE Info Systems, experienced a significant stock dip of 8.56% on the BSE following reports of PhonePe potentia...

Walmart’s international segment sales were up 11%, helped by double-digit growth in India among other geographies, said John David Rainey, ...

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

While 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...

While 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....

This 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 ...

The company operates app store 'Indus App Bazaar', which comprises over four lakh apps accessible in English and 12 Indian languages -- Hin...

PhonePe’s complaint with Sebi against Ventureast follows allegations that Ventureast sold its stake in IndusOS to Affle

Affle, a minority investor in Indus OS, has filed a petition against PhonePe in a Singapore court. Indus OS, keen to close the acquisition ...

The fintech company is battling two existing investors in the five-year-old startup in a Singapore court.

The 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 ...

The proposed demerger will coincide with PhonePe's ongoing fund raising plan of about a billion dollar through primary and secondary sale o...