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Friday 20 January 2023

PhonePe secures $12 Billion valuation with $350 million funding from General Atlantic

PhonePe, a leading fintech platform in India, has raised $350 million in funding from General Atlantic at a valuation of $12 billion, according to the announcement from the company. PhonePe also recently announced a full separation from the Flipkart Group. After a partial separation in December 2020, a number of Flipkart shareholders, led by Walmart, … Continue reading "PhonePe secures $12 Billion valuation with $350 million funding from General Atlantic"

The post PhonePe secures $12 Billion valuation with $350 million funding from General Atlantic first appeared on Fone Arena.