Skip to main content

PhonePe Raises $200 Million Investment From Walmart in Its Ongoing Fundraise

Indian digital payments firm PhonePe said on Friday it has raised $200 million (nearly Rs. 1,650 crore) from majority backer Walmart at a pre-money valuation of $12 billion (nearly Rs. 99,000 crore). PhonePe, already India's most valuable payments firm and among the country's most highly-valued startups, said the investment is part of its ongoing fundraise of up to $...

from Gadgets 360 https://ift.tt/Nh5j1GJ
https://ift.tt/54xjeCS

Comments

Popular posts from this blog

Poco C31 to Launch in India Today: Livestream Details, Expected Specifications

Poco C31 will be launching in India today at 12pm IST (noon), as per the microsite on Poco's website. The smartphone will be powered by a MediaTek Helio G35 SoC that is paired with 4GB of RAM. Additionally, it will get a fingerprint scanner and a face unlock feature. Apart from this, no information is available on the specifications of the smartphone. from Gadgets 360 https://ift.tt/3ATNfxm https://ift.tt/eA8V8J