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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...23 Jan, 2026, 07.17 PM IST- PhonePe ropes in bankers for launching IPOCountry's biggest fintech firm PhonePe has roped in bankers -- Kotak Mahindra Capital, JPMorgan Chase, Citigroup and Morgan Stanley -- for ...23 Jun, 2025, 07.13 PM IST
- Evaluating the right time for Flipkart IPO: Walmart International CEODuring Walmart's quarterly analyst call, chief financial officer John David Rainey said that Flipkart grew by double digits for the first q...16 May, 2024, 10.38 PM IST
- PhonePe launches feature to pay income taxUsers can pay taxes by logging into the app and selecting the "income tax" icon. Then, they must select the type of tax to be paid, assessm...24 Jul, 2023, 08.56 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
- 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 $600m13 Apr, 2023, 01.20 AM IST
- 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...17 Mar, 2023, 08.47 PM IST
- Flipkart gets Rs 1,700 crore relief from the Bengaluru bench of tax tribunalThe ITAT followed a ruling by the Karnataka High Court with regard to a similar case involving pharmaceutical company Biocon as well as rul...17 Mar, 2023, 08.10 AM IST
- India to top China as largest international market in 2023: Walmart CFOWalmart CFO John David Rainey said ecomm marketplace Flipkart and online payments app PhonePe, both owned by Walmart, are market leaders an...09 Mar, 2023, 04.57 PM IST
- ETtech Explainer: why PhonePe investors paid Rs 8,000 crore to shift base to India?Investors of PhonePe had to pay Rs 8,000 crore in taxes to the Indian government after it shifted its domicile from Singapore to India in O...31 Jan, 2023, 04.18 PM IST
- Flipkart marketplace arm gets $90 million cash infusionThis is the first cash infusion in Flipkart's marketplace arm in 2023. The resolution to infuse new capital was approved on December 29, 20...10 Jan, 2023, 08.30 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
- 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 ...05 Jan, 2023, 12.43 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 billion24 Dec, 2022, 12.29 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 Walmart29 Nov, 2022, 01.34 PM IST
- 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 valuation27 Jul, 2022, 06.05 PM IST
- PhonePe CEO Sameer Nigam on IPO plan: “I had no idea”According to the report, PhonePe plans to go public once its core businesses turn profitable, which it hopes to achieve by 2023. The report...15 Jun, 2022, 09.10 PM IST
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