PhonePe raises $350 million from General Atlantic at $12 bn valuation
The fintech company PhonePe, owned by Walmart, has secured $350 million from General Atlantic at a $12 billion pre-money valuation. The investment represents the first round of this month’s start-up fundraising effort, which aims to raise upto $1 billion. PhonePe’s valuation, which was set at $5.5 billion in 2020, has more than quadrupled due to […]
