PhonePe to acquire Indus OS in all-cash deal worth $60 m - The Hindu BusinessLine
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...
Source: thehindubusinessline.com