PhonePe is set for a 100% IPO offer, leveraging its cash reserves. Despite regulatory challenges, it is transitioning to a diversified fintech platform, emphasizing sustainable growth and regulatory ...
According to the updated draft IPO papers filed last week, the contribution of payments to the Walmart-owned firm’s operating ...
Tiger Global and Microsoft are offering up their full stakes in the company, while Walmart is choosing to retain its majority ...
The public issue comprises of entirely an offer-for-sale of 5.06 crore equity shares by existing shareholders including ...
PhonePe readies IPO as Paytm reports profit, inside India’s $100B fintech showdown shaping UPI’s next growth phase.
As PhonePe approaches its IPO, the disclosures show a business still reliant on payments volume and lending distribution.
PhonePe has filed its updated DRHP with SEBI for an OFS-only IPO, with shareholders offloading up to 5.06 Cr equity shares.
For a long time, PhonePe has been explained in one line: a UPI app. That line works in everyday conversation but limits how ...
Walmart plans to reduce its stake in PhonePe by 12% during the company's much-anticipated IPO, while Microsoft and Tiger Global will divest entirely. The offering, India’s largest since October, aims ...
While Walmart is only trimming its stake, two other investors are making a complete exit from PhonePe through the IPO. Tiger ...
PhonePe is no longer just India’s UPI giant—it’s becoming a full-stack financial ecosystem. After a string of high-profile ...
To reduce reliance on its payments vertical, PhonePe is scaling its lending and insurance businesses, which now contribute 11 ...