PhonePe raises Rs 150 crore from majority stakeholder Flipkart bringing its valuation to $5.5 billion PhonePe currently has over 250 million registered users and competes with the likes of Paytm, GooglePay and WhatsApp Payments. Dec 16, 2020 15:01:35 IST PhonePe Private Limited has received Rs 150 crore fund infusion from Singapore parent PhonePe Private Limited, according to documents sourced from business information platform Tofler. As part of the transaction, close to 198,755 shares were allotted to PhonePe’s Singapore entity. According to regulatory filings on Accounting and Corporat...