Tiger Global and Microsoft to Fully Exit PhonePe IPO

Tiger Global and Microsoft to Fully Exit PhonePe IPO

First seen 22 Jan 2026, 21:42 UTC Techcrunch 26.7

Article Content

Browse articles
ThreatCluster

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.

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.