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PhonePe IPO Is Coming! • PhonePe is planning an IPO to raise capital at a valuation of $8-10 billion. • In 2023, PhonePe raised $200 million from Walmart at a pre-money valuation of $12 billion. • PhonePe dominates the UPI payments business with a

𝗣𝗵𝗼𝗻𝗲𝗣𝗲’𝘀 $𝟭𝟱𝗕 𝗜𝗣𝗢: 𝗧𝗶𝗴𝗲𝗿 𝗚𝗹𝗼𝗯𝗮𝗹 & 𝗪𝗮𝗹𝗺𝗮𝗿𝘁’𝘀 𝗕𝗶𝗴 𝗕𝗲𝘁 ! • PhonePe is planning to raise approx . $1–2 billion at a valuation of $15 billion via an IPO. • In FY24, PhonePe reported ₹5,064 crore in revenue, with a

Walmart-backed PhonePe has transitioned into a public company, a significant move toward launching its initial public offering (IPO). According to its regulatory filing, the startup received shareholder approval during an extraordinary general meeti

In 2024, Flipkart raised $350 million from Google as part of a funding round led by Walmart, bringing the total for this round to approximately $950 million. This investment aims to enhance Flipkart's digital infrastructure and expand its grocery bus

Phonepe was acquired by Flipkart in 2016. Later In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart. So, why need another UPI app?

Walmart owned UPI payment giant PhonePe to enter Indian share market soon! Currently very basic proccess of IPO (Initial public offering) works are going on from PhonePe side. When PhonePe gets complete approval from SEBI, They share their complete

What does primary, secondary and tertiary sale mean in General Trade? Primary Sale: Manufacturer to Distributor Secondary Sale: Distributor to Retailer Tertiary Sale: Retailer to Customer

A few days ago, Flipkart introduced its new UPI service, Supermoney. ⏮️The interesting part: Let's go back a few years - Dec, 2015: 3 former Flipkart exec's start PhonePe. Apr, 2016: Flipkart acquires PhonePe for $20 M. Aug, 2018: Walmart acquires

Cred is in talks to raise $75 million from existing investors, including GIC, RTP Global, and Sofina, at a valuation of $3.5 billion, which is a significant decrease from its previous valuation of $6.4 billion.