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PhonePe IPO: Walmart to sell ₹9,173-cr stake
Financial Express Pune
|January 23, 2026
Walmart’s weighted average cost of acquisition is ₹1,996.8 a piece, making these shares worth around ₹9,173 crore.
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Walmart owns a 71.77% stake in the company, while Tiger Global has a 0.2% stake and Microsoft Global Finance has a 0.71% stake. Both Tiger Global and Microsoft are looking to sell their entire stakes in the company, which translates to 1 million and 3.7 million shares, respectively.
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