UPI霸主PhonePe冲刺印度10月以来最大IPO! 估值直指150亿美元，沃尔玛迎来套现时刻

智通财经01-22

印度数字支付领域主导者PhonePe Ltd.的两大重要支持者——即美国零售巨头沃尔玛公司(WMT.US)以及华尔街投资巨头老虎环球管理公司(Tiger Global Management)，将在PhonePe这宗预计将成为印度股票市场自去年10月以来规模最大的首次公开募股(IPO)中出售它们所持有的PhonePe股份。总部位于班加罗尔的PhonePe根据向印度市场监管机构提交的一份更新版本招股...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/1109327602?lang=zh_CN&edition=full","thumbnail":"https://static.tigerbbs.com/111463f6b626439959d1ab0193269853","is_english":false,"pubTime":"2026-01-22 15:26","share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","id":"1109327602","market":"us","top_or_hot":-1,"title":"UPI霸主PhonePe冲刺印度10月以来最大IPO! 估值直指150亿美元，沃尔玛迎来套现时刻","media":"智通财经","content":"<div>\n<p>印度数字支付领域主导者PhonePe Ltd.的两大重要支持者——即美国零售巨头沃尔玛公司(WMT.US)以及华尔街投资巨头老虎环球管理公司(Tiger Global Management)，将在PhonePe这宗预计将成为印度股票市场自去年10月以来规模最大的首次公开募股(IPO)中出售它们所持有的PhonePe股份。总部位于班加罗尔的PhonePe根据向印度市场监管机构提交的一份更新版本招股...</p>\n\n<a href=\"https://www.zhitongcaijing.com/content/detail/1396071.html\">网页链接</a>\n\n</div>\n","source":"highlight_zhitongcaijin","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UPI霸主PhonePe冲刺印度10月以来最大IPO! 估值直指150亿美元，沃尔玛迎来套现时刻</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUPI霸主PhonePe冲刺印度10月以来最大IPO! 估值直指150亿美元，沃尔玛迎来套现时刻\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-22 15:26 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.zhitongcaijing.com/content/detail/1396071.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>印度数字支付领域主导者PhonePe Ltd.的两大重要支持者——即美国零售巨头沃尔玛公司(WMT.US)以及华尔街投资巨头老虎环球管理公司(Tiger Global Management)，将在PhonePe这宗预计将成为印度股票市场自去年10月以来规模最大的首次公开募股(IPO)中出售它们所持有的PhonePe股份。总部位于班加罗尔的PhonePe根据向印度市场监管机构提交的一份更新版本招股...</p>\n\n<a href=\"https://www.zhitongcaijing.com/content/detail/1396071.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PIN","symbol_name":"印度ETF-PowerShares","start_time":0,"source_url":"https://www.zhitongcaijing.com/content/detail/1396071.html","article_id":"1109327602","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/111463f6b626439959d1ab0193269853"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1109327602","pubTimestamp":1769066799,"columns":[],"sourceInfo":{"source_id":"highlight_zhitongcaijin","name":"智通财经网"},"weMediaInfo":null,"summary":"此前有知情人士曾表示，这家印度公司在IPO中最多可能募集15亿美元，对应整体的估值约150亿美元。PhonePe由Sameer Nigam、Rahul Chari和Burzin Engineer于2015年创立，在印度极度拥挤的数字支付市场中与其他势力激烈竞争并且最终成为主导者之一。截至2025年9月30日，PhonePe数字支付平台拥有6.576亿注册用户，年度消费者交易数量达534亿笔。PhonePe在截至2025年9月的六个月里实现整体营收大约391.9亿卢比，意味着同比增长约22%。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"PIN":"印度ETF-PowerShares","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0238689110.USD":"贝莱德环球动力股票基金","NFTY":"First Trust India NIFTY 50 Equal Weight ETF","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","LU0545039389.USD":"BGF GLOBAL EQUITY INCOME \"A2\" ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4504":"桥水持仓","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","LU2097829019.USD":"AZ EQUITY - BORLETTI GLOBAL LIFESTYLE \"AI\" (USD) ACC","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","WMT":"沃尔玛","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU2746668461.USD":"MANULIFE DYNAMIC LEADERS \"AA\" (USD) ACC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","FLIN":"Franklin FTSE India ETF","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","LU2746668974.SGD":"MANULIFE DYNAMIC LEADERS \"AA\" (SGDHDG) ACC","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","BK4585":"ETF&股票定投概念","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","LU0553294199.USD":"BGF GLOBAL EQUITY INCOME \"A5G\" (USD) INC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","INDA":"iShares MSCI印度ETF〈INDA〉","EPI":"印度收入指数ETF-WisdomTree","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4596":"哈里斯概念","BK4588":"碎股","BK4550":"红杉资本持仓","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","INDL":"Direxion Daily MSCI India Bull 2x Shares","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","INDY":"印度ETF-iShares","BK4597":"股息贵族","BK4155":"大卖场与超市","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC"},"translate_title":"UPI overlord PhonePe sprints for India's biggest IPO since October! With a valuation pointing to $15 billion, Walmart ushered in a cash-out moment","themeId":"a65efa0f26b03a9a4cfd716ccf318842","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/4c850b079fa3bd9d72e2aa64a184755b","symbols_score_info":{"PIN":2,"INDA":2,"WMT":1.5,"INDL":2,"NFTY":2,"FLIN":2,"INDY":2,"EPI":2},"content_text":"印度数字支付领域主导者PhonePe Ltd.的两大重要支持者——即美国零售巨头沃尔玛公司(WMT.US)以及华尔街投资巨头老虎环球管理公司(Tiger Global Management)，将在PhonePe这宗预计将成为印度股票市场自去年10月以来规模最大的首次公开募股(IPO)中出售它们所持有的PhonePe股份。总部位于班加罗尔的PhonePe根据向印度市场监管机构提交的一份更新版本招股说明书草案，该公司计划发行5,070万股股票，且全部由现有的大股东进行股票出售，不新增股票资本。此前有知情人士曾表示，这家印度公司在IPO中最多可能募集15亿美元，对应整体的估值约150亿美元。沃尔玛旗下的Promoter WM Digital Commerce Holdings，计划出售多达4590万股股票，与此同时，老虎环球和微软全球金融也计划利用此次大规模IPO出售所持有的股票。此次拟议的大规模股票发行将成为印度自塔塔资本(Tata Capital Ltd.)10月发起的17亿美元售股以来规模最大的IPO，塔塔资本这宗IPO也是该国股市2025年最大规模的一宗IPO。近年来印度企业纷纷涌向一级市场进行大额募资，PhonePe此次的大规模股票发行则表明，这次IPO更多是为现有的大股东们提供足够的流动性，此举可能引领印度二级市场的新一轮风向标——即为大股东们提供基于庞大流动性支撑的资本退出机制。PhonePe是何方神圣?PhonePe由Sameer Nigam、Rahul Chari和Burzin Engineer于2015年创立，在印度极度拥挤的数字支付市场中与其他势力激烈竞争并且最终成为主导者之一。该公司尤其是在印度统一支付接口(Unified Payments Interface，简称UPI)市场占据绝对意义上的主导地位，约占全部交易的近50%。UPI是一套通过将商业银行与金融科技应用(比如PhonePe、Paytm以及Alphabet Inc.旗下Google Pay)连接起来，使用户们能够即时转账的数字支付系统。截至2025年9月30日，PhonePe数字支付平台拥有6.576亿注册用户，年度消费者交易数量达534亿笔。该公司在12月通过UPI处理了大约13.61万亿卢比(约合1490亿美元)的数字交易规模。该公司还通过一家子公司扩展至股票经纪与共同基金投资，并运营着一个在印度市场火热的数字支付移动应用商店。整体而言，PhonePe Ltd. 是一家印度本土的金融科技(FinTech)公司，总部位于班加罗尔，核心产品是基于印度UPI(统一支付接口)体系的移动支付平台(比如PhonePe App)，背后的大股东之一为沃尔玛系的美国零售巨头(沃尔玛通过旗下实体进行持股)。PhonePe Ltd. 的核心主营业务可以概括为三大模块：支付与收款(P2P/P2M)——以UPI技术为底座进行转账、线下/线上商户付款(含二维码场景)，并延伸到手机充值、账单/公共事业缴费等高频支付场景;金融服务分发(Wealth/Insurance 等)——在数字支付流量基础上发展保险(比如健康险、寿险等)与基金/定投等产品分发与服务;新业务延伸——包括股票经纪/投资平台Share(dot)Market，以及面向安卓生态系统的Indus Appstore(应用商店)。沃尔玛——PhonePe的重要支持者一份更新版本的监管资料显示，Promoter WM Digital Commerce Holdings(沃尔玛旗下重要实体)持有PhonePe 高达71.77%的股份，可谓推动PhonePe数字支付业务加速扩张的最重要支持势力，计划出售最多4,590万股，约占该公司总体股票的9%。华尔街资管巨头老虎环球则将出售最多104万股，微软全球金融(Microsoft Global Finance)则计划出售最多368万股。在沃尔玛将数字支付业务从Flipkart India Pvt Ltd.剥离为独立的经营实体之后，老虎环球于2021年首次投资PhonePe，并参与了后续多轮融资。PhonePe在截至2025年9月的六个月里实现整体营收大约391.9亿卢比，意味着同比增长约22%。公司同期亏损约144.4亿卢比。Kotak Mahindra Capital Co.、Axis Bank Ltd.与JM Financial Services Ltd.，以及来自美国华尔街的大型金融机构们——即摩根大通、花旗集团、摩根士丹利、高盛集团以及杰富瑞金融集团的印度本地分支机构单位，正在为该笔大型交易提供金融顾问服务。","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1109327602","isCrawlerRequest":true}