WebMar 17, 2024 · PhonePe, one of India's largest fintech platforms, on March 17 said it has raised an additional $200 million (around ₹1,649 crore) in primary capital from Walmart, at a pre-money valuation of... 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.
PhonePe Raises Another $100 Million From General Atlantic, Others
WebMar 17, 2024 · The USD 12 billion pre-money valuation makes Walmart-owned PhonePe the most valuable fintech in the country, surpassing payment services provider, Razorpay which was last valued at USD 7.5 billion. WebJul 10, 2024 · Walmart wants to use the lessons from PhonePe in other operations around the globe. Also unresolved are the future roles for Flipkart’s outside investors. Tiger Global … fischer classic fast
Benjamin Marshall - Senior Director, International Tax …
WebMar 12, 2024 · Walmart-owned fintech firm PhonePe is in talks to raise $300-$400 million from new and existing investors, including General Atlantic, at a pre-funding valuation of $12 billion. The new investment is expected to close in a few weeks, say sources. It follows the recent $100 million in primary capital from Ribbit Capital, Tiger Global and TVS ... Web2 days ago · PhonePe had previously raised $100 million from Tiger Global, Ribbit Capital and TVS Capital, as well as $200 million from its parent Walmart. PhonePe is looking to … 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 … camping reynes