Technology TechCrunch 14d ago

Tiger Global and Microsoft to fully exit Walmart-backed PhonePe via its IPO

Market Intelligence Analysis

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Why This Matters

Tiger Global and Microsoft are fully exiting PhonePe, a Walmart-backed company, through an IPO, while Walmart retains its majority stake and sells up to 45.9 million shares.

Market Impact

Market impact analysis based on bearish sentiment with 75% confidence.

Sentiment
Bearish
AI Confidence
75%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Tiger Global and Microsoft are offering up their full stakes in the company, while Walmart is choosing to retain its majority stake, and selling up to 45.9 million shares.

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Original article published by TechCrunch on January 22, 2026.
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