Walmart & Walmart — PhonePe
6 shared events · Importance 4 · Last updated Mar 16, 2026
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Business
Walmart: Walmart plans to trim its stake in Walmart — PhonePe by about 12% in the upcoming IPO, selling a significant portion of its shares.
Walmart — PhonePe: Walmart — PhonePe is targeting an IPO valuation of $9 billion to $10.5 billion, which is lower than its last private market valuation. This IPO will be an offer-for-sale by existing shareholders.
Mar 04, 2026 · 10 articles
Business
Walmart: Walmart hosted the Growth Summit in India, reinforcing its commitment to sourcing goods from India and supporting Indian MSMEs, which is expected to expand its global supply chain and market presence.
Walmart — PhonePe: Walmart — PhonePe, a Walmart-backed fintech company, filed draft papers for its IPO, indicating potential future growth and market activity related to Walmart's broader investments in India.
May 07, 2026 · 6 articles
International
Walmart: Walmart is the backer of Walmart — PhonePe, which paused its IPO plans due to geopolitical tensions.
Walmart — PhonePe: Walmart — PhonePe paused its IPO plans after geopolitical tensions caused volatility in global capital markets, intending to resume once the market stabilizes.
Apr 02, 2026 · 45 articles
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