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acquisitionAnnounced · Mar 4, 2026Digital PaymentsSource · CredibleArticle · Factual
Walmart acquires PhonePe
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
—
Target
PhonePe
Panathur, Karnataka
Acquirer
Walmart
Financial Stake
Status
Pending
Walmart agreed to acquire PhonePe. Reported deal value: Undisclosed. Status: Pending. Sector: Digital Payments. Target headquarters context: Panathur, Karnataka, India.
This page summarizes publicly available information about the transaction as of 2026-03-04. Figures and status may change as filings and press coverage update.
Walmart - backed fintech firm PhonePe is targeting a valuation of $9 billion to $ 10 .5 billion for its planned initial public offering in India , Reuters reported Wednesday, citing two people with
Deal timeline
Announced
Mar 4, 2026 · marketscreener.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Digital Payments. Figures and status may change as sources update.
Sources: marketscreener.com · Primary article · FireStrike proprietary index