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PhonePe in talks with Indus OS founders and Samsung Ventures for majority stake

PhonePe in talks with Indus OS founders and Samsung Ventures for majority stake
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Faisal kawoosaRakesh deshmukhAkash dongreSamsung galaxy appSamsung venturesAffle globalRight of first refusalIndus app bazaarChief analystஃபேஸல் கவூசராகேஷ் தேஷ்முக்ஹ்சாம்சங் விண்மீன் செயலிசாம்சங் முயற்சிகள்இஂடஸ் செயலி பஜார்தலைமை ஆய்வாளர்

PhonePe goes to Sebi against Ventureast for scuttling Indus OS deal

PhonePes complaint with Sebi against Ventureast follows allegations that Ventureast sold its stake in IndusOS to Affle

Sameer nigamSudhir bangarambandiRakesh deshmukhAkash dongreOmidyar networkExchange board of india sebiExchange boardAffle globalVentureast proactiveIndus app bazaarIndus osSecurities and exchange board of indiaPhonepe indus osஅதே நீகம்ராகேஷ் தேஷ்முக்ஹ்பரிமாற்றம் பலகை ஆஃப் இந்தியா செபி

ETtech Exclusive: PhonePe s Indus OS deal in a legal tangle

ETtech Exclusive: PhonePe s Indus OS deal in a legal tangle SECTIONS Share iStock A seemingly straightforward acquisition by PhonePe, of homegrown content discovery platform Indus OS for about $60 million, has spiralled into a legal tangle as India’s second-largest fintech battles two existing investors in the five-year-old startup Affle Global and early-stage investment firm Ventureast in a Singapore court. Both factions have filed competing lawsuits against the other in the Supreme Court of Singapore. ET has seen court filings, regulatory disclosures and spoken to three sources briefed on the matter. Walmart-backed PhonePe was in the final stages of closing its acquisition of Indus OS before mid-June with the term-sheet signed and ready, according to the people cited above.

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PhonePe-Indus OS deal goes awry

PhonePe-Indus OS deal goes awry Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch We ll soon meet in your inbox. / Morning Dispatch Good morning, Monday’s here, and so are the big scoops by ETtech’s most wired reporters. Today’s edition is packed with exclusives you won’t find anywhere else! Last week we reported that PhonePe was in talks to acquire Indus OS, a homegrown content and app discovery platform with its own Android app store, for $60 million. But then, a minority investor objected to the terms of the deal and the matter is now before the Supreme Court of Singapore.

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How to transfer money from PhonePe Wallet to Bank Account and Win exciting Redeem Rewards: In Simple Steps

How to transfer money from PhonePe Wallet to Bank Account and Win exciting Redeem Rewards: In Simple Steps
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