PhonePe and Flipkart IPOs (Initial public offerings ... Also Read | BharatPe, PhonePe on trademark dispute over 'Pe' suffix: ...

Per a Flipkart spokesperson, the payouts will be made by July 31, having communicated the same to employees before More than 24,000 employees, including Flipkart and Myntra staff who have since ...

The US retailer and the PE firm would invest $1 Bn, while the rest would come from a secondary share sale. It is prudent to mention that PhonePe is marked as an asset under Flipkart, hence the ...

This comes seven months after the fintech giant was hived off from the parent company Flipkart in December 2022. “…. the company and the board have agreed upon a new share price for Flipkart ...

The initial public offering of Walmart's Flipkart marketplace and PhonePe digital payments platform could be delayed for a couple of years, said a Walmart executive as reported by Reuters.

Flipkart has issued an internal note with its employees sharing about a one-time voluntary cash payout as part of its separation deal with PhonePe Flipkart’s CEO Kalyan Krishnamurthy shared a ...

Prior to that, he said that both Flipkart and PhonePe had a huge addressable market opportunity to tap into going forward. The optimism is not without reason. Flipkart was last valued at more than ...

PhonePe and Flipkart, both owned by Walmart, may go public within the next two years, according to a report by Reuters.

Currently, Walmart is in talks with Accel and Tiger Global to buy their shares for around $1.5 Bn, valuing Flipkart at $30 Bn Walmart has already spent $780 Mn in taxes to bring PhonePe’s ...

The separation of Flipkart and PhonePe could also have an impact on the former’s valuation – while the e-commerce giant is currently valued at $37.6 billion after a fundraise of $3.6 billion ...

Once a senior Vice President of Engineering at Flipkart, Nigam is the co- founder of Phone Pe, a Flipkart company. His salary was 17.7 crore at 39 years of age with 10 years experience.

Walmart is considering initial public offerings (IPOs) for its Flipkart marketplace and PhonePe digital payments platform in the coming years, according to Dan Bartlett, Walmart’s executive vice ...