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acquisitionAnnounced · Mar 16, 2026Digital PaymentsSource · CredibleArticle · Factual
Walmart Connect acquires PhonePe
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
—
Target
PhonePe
Panathur, Karnataka
Acquirer
Walmart Connect
Financial Stake
Status
Pending
Walmart Connect 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 2026-03-16. Figures and status may change as filings and press coverage update.
Walmart - Backed PhonePe Pauses IPO Plans Amid Geopolitical Volatility Published on 03/16/2026 at 05:58 am EDT | Market Closed - Other stock markets | After hours 08:00:00 pm
Deal timeline
Announced
Mar 16, 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