Wednesday, April 12, 2023

PhonePe Raises $100 Million From General Atlantic, Investors During Ongoing Fundraise

PhonePe on Wednesday said it had raised an additional $100 million ((roughly Rs. 820 crores)) from General Atlantic and other investors as part of its ongoing $1 billion (roughly Rs. 82,063 crores) fundraise to expand into the lucrative lending space. General Atlantic had invested $350 million (roughly Rs. 287 crores) in the fintech during the same funding round in Ja...

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