Tiger Global and Microsoft acquires PhonePe
Tiger Global and Microsoft agreed to acquire PhonePe. Reported deal value: $1.5B. Status: Announced. Sector: Fintech. Target headquarters context: Panathur, Karnataka, India.
This page summarizes publicly available information about the transaction as of 2026-01-22. Figures and status may change as filings and press coverage update.
Jagmeet Singh 3:19 AM PST · January 22, 2026 Tiger Global and Microsoft are primed to fully exit PhonePe , the Walmart - backed Indian payments startup which has updated its IPO filing, offering investors and market watchers a rare peek at how global investors are cashing out of the venture boom via India public markets
Deal timeline
This transaction is classified in Fintech with a reported deal value of $1.5B. Figures and status may change as sources update.