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Tiger Global and Microsoft to Fully Exit PhonePe IPO
First seen 22 Jan 2026, 21:42 UTC
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Tiger Global and Microsoft are set to fully divest their stakes in PhonePe, an Indian payments startup backed by Walmart. The announcement follows PhonePe's update to its IPO filing, which provides insights into the current landscape of global investors withdrawing from the venture capital scene in India's public markets.
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Timeline
Recent
PhonePe updated its IPO prospectus detailing shares for sale.
Recent
Tiger Global and Microsoft announced full exit from PhonePe.
Date unknown
Walmart retains majority stake in PhonePe.
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