
PhonePe gets another funding boost worth $100 mn from General Atlantic
With the latest primary infusion, PhonePe has now raised a total of $850 million of primary capital in the current round
With the latest primary infusion, PhonePe has now raised a total of $850 million of primary capital in the current round
Walmart CEO says the retailer has a big opportunity to increase exports from India across quite a few merchandise categories
Despite the decline, India continues to be a key APAC market for VC funding and stands next only to China in terms of both VC deals volume and value.
The current investment comes three months after General Atlantic infused three $350 million in the Indian fintech startup.
A new hyperlocal app on the network begins its pilot in Bengaluru, aims 1,00,000 orders a day by the end of the year.
The Pincode app will focus on hyperlocal commerce.
Bank account-to-account transactions continue to remain free for customers and merchants, says UPI operator NPCI.
With this tranche, the company has raised $650 million from several global investors. It’s PhonePe’s third biggest funding this year alone.
With this second tranche, PhonePe has already raised $450 million within six weeks from investors.
Fintech giant PhonePe launches international payments on UPI.