Web2 days ago · In March, the company raised $200 million from Walmart. ET first reported on March 10 that Flipkart cofounder Binny Bansal was also in talks to invest $100-150 million in PhonePe, to be among the largest individual investments in a new-age firm. The investment is yet to be wired in, said one of the persons cited above. WebApr 12, 2024 · Walmart-owned fintech firm PhonePe has raised an additional tranche of $100 million from private equity firm General Atlantic and its co-investors at a pre-money valuation of $12 billion. This new funding is part of PhonePe’s ongoing fundraise of up to $1 billion in capital, following its domicile shift to India last year.
General Atlantic adds another $100M to PhonePe’s kitty; TCS Q4 …
WebJul 16, 2024 · PhonePe is a digital payment mode for online transactions in India founded by Sameer Nigam. The app operates around the Unified Payments Interface (UPI), regulated by the National Payments Corporation of India. The company was acquired by Flipkart in 2016, although it will function as a separate business unit. WebDec 23, 2024 · Flipkart completes full separation of PhonePe 1 min read . Updated: 23 Dec 2024, 12:39 PM IST Edited By Tamal Nandi As part of this transaction, existing Flipkart … iphone x wifi only
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WebDec 23, 2024 · Flipkart completes full separation of PhonePe 1 min read . Updated: 23 Dec 2024, 12:39 PM IST Edited By Tamal Nandi As part of this transaction, existing Flipkart Singapore and PhonePe... WebApr 4, 2024 · News. PhonePe launches hyperlocal shopping app with ONDC The Walmart-owned digital payments platform that recently separated from Flipkart has partnered with ONDC to mark its entry in the ... WebDec 23, 2024 · NEW DELHI: Flipkart and PhonePe have completed their separation and both entities will continue to operate under US-based retail giant Walmart, a joint statement … iphone x will not restore and update