PhonePe gets Sebi nod for IPO; Microsoft, Walmart to pare stake in OFS

January 20, 2026

Walmart-backed PhonePe has secured Sebi approval for its IPO, clearing a major hurdle for one of India’s biggest fintech listings. The $14.5-billion startup plans a $1.5-billion OFS, with Walmart, Tiger Global, and Microsoft set to sell shares. Strong payments dominance and rising revenues underpin investor confidence.

More To Explore

Ahead of Market: 10 things that will decide stock market action on Monday

Indian stock markets surged on Friday, with Sensex and Nifty posting gains exceeding 0.3%. This upward trend was fueled by a calmer Middle East situation,

July 5, 2026

Cube Highways Trust plans Rs 5,000-cr IPO this month; eyes broader investor base

Cube Highways Trust is set to launch a substantial Initial Public Offering worth Rs 5,000 crore this month, intending to broaden its base of investors.

July 5, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003