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Walmart and Flipkart-owned PhonePe, homegrown Indus OS, Affle Global Pte Ltd (AGPL) and Ventureast Proactive Fund II (VPF) on Wednesday announced they have settled the dispute involving VPF shares in Bengaluru-based startup Indus OS, clearing ...
PhonePe to acquire home-grown mobile platform Indus OS: Report PhonePe to acquire home-grown mobile platform Indus OS: Report By:Abhishek Malhotra, The Mobile Indian , New Delhi Last updated : May 19, 2021 4:43 pm Advertisement Indus OS is all set to be acquired by PhonePe, the Walmart-owned digital payments platform. This transaction will help PhonePe in adding more applications under its 'PhonePe' switch feature that aggregates various other applications under it. As per a report by 'Entrackr, Three sources aware of the details of the transaction hav...
PhonePe to acquire Indus OS in all-cash deal worth $60 m May 19, 2021 The digital payment service PhonePe - Bloomberg× This is the digital payment platform’s second acquisition after Zopper Retail Walmart-owned digital payments platform Phone Pe is in the final stages of talks to acquire Indus OS, a made-in-India content and app discovery platform, in an all-cash deal worth $60 million. The acquisition is scheduled to be completed in the next few weeks and is PhonePe’s second acquisition after Zopper Retail which it acqui-hired in 2018. The acquisition is expected to fuel PhonePe...
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