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PhonePe bags $100M from General Atlantic; total fundraise moves to $850M - Vimarsana News

PhonePe bags $100M from General Atlantic; total fundraise moves to $850M

The latest infusion is part of an ongoing $1-billion fundraise to build and scale new businesses and support UPI offerings.

PhonePe's $1 Bn Funding Round: General Atlantic Invests $100 Mn More - Vimarsana News

PhonePe's $1 Bn Funding Round: General Atlantic Invests $100 Mn More

PhonePe has raised another $100 Mn from existing investor General Atlantic and its co-investors as part of its ongoing $1 Bn fundraise.

Source: inc42.com
General Atlantic infuses $100 mn more into PhonePe's ongoing $1 billion funding round - Vimarsana News

General Atlantic infuses $100 mn more into PhonePe's ongoing $1 billion funding round

The round is raised at a pre-money valuation of $12 billion, making PhonePe the most valued (privately-held) fintech firm in the country.

PhonePe raises another $100 mn from General Atlantic, its co-investors - Vimarsana News

PhonePe raises another $100 mn from General Atlantic, its co-investors

With this tranche, PhonePe has raised $750Mn from several global investors.

PhonePe launches e-commerce app Pincode on ONDC network - Vimarsana News

PhonePe launches e-commerce app Pincode on ONDC network

PhonePe operates in the e-commerce space with Switch and has services that are similar to its biggest rival, Paytm