Event Brief
Jan 22, 2026 at 7:03 AM ET
Tiger Global, Microsoft to Exit Walmart-Backed PhonePe
By The BriefBrief
Tiger Global and Microsoft are fully divesting from PhonePe via its IPO, while Walmart retains its majority stake.
WHO: Tiger Global, Microsoft, Walmart
WHAT: Exiting PhonePe via IPO
WHEN: Jan 22, 2026 at 6:19 AM ET
WHERE: India
WHY: To divest stakes while Walmart retains majority ownership
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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