Tiger Global, Microsoft to fully exit Walmart-backed PhonePe via its IPO
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.
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.
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.
Tiger Global’s case in India is being closely watched by investors.
Tiger’s last fund did well with investmetments in OpenAI, Waymo and Databricks. But it warns investors that AI valuations are already ‘elevated.’
Urban Company’s IPO, which opened last week, was oversubscribed more than 100 times, reflecting strong investor demand.