Web2 days ago · General Atlantic (GA) infused an additional $100 million in PhonePe on Wednesday as a part of the payments company’s $1-billion primary funding plan and may pump in another $100-200 million, said three people with knowledge of the matter. The new infusion from the private equity firm is expected in the coming weeks and is subject to … Web2 days ago · Before that in February, PhonePe raised $100 million in primary capital from Ribbit Capital, Tiger Global and TVS Capital Funds, at a pre-money valuation of $12 billion. …
PhonePe
WebMar 17, 2024 · Indian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart Inc. at a pre-money valuation of $12 billion. PhonePe, already India’s most valuable... WebMay 18, 2024 · May 18, 2024 News Walmart-owned PhonePe has acquired investment platform WealthDesk and wealth management platform OpenQ for a combined $75 million, Bloomberg reported on Tuesday. A PhonePe spokesperson … fly shop houston texas
Fortune India: Business News, Strategy, Finance and Corporate …
WebAbout PhonePe Our goal is to make digital payments so easy, safe and universally accepted that people never feel the need to carry cash or cards again. We believe India is at the … Web2 days ago · General Atlantic raised its bets on Walmart Inc.-owned PhonePe as the US private equity firm led a fresh funding of $100 million ( ₹ 820 crore) in the Indian digital payments platform. WebJan 19, 2024 · PhonePe plans to deploy the new funds to make significant investments in infrastructure, including the development of data centers and help build financial services offerings at scale in the country. The company also plans to invest in new businesses, including Insurance, Wealth Management, and Lending. fly shop in tacoma