PhonePe Lands Another $100 Million from General Atlantic in Ongoing $1Billion Funding Round
PhonePe has raised an additional $100 million at a $12 billion valuation from General Atlantic and its co-investors, a fresh round of its ongoing $1...
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Razorpay to Shift Parent Firm to India from US Amid IPO Plans
On Tuesday, Y Combinator and Sequoia-backed fintech unicorn Razorpay announced that it is moving its parent entity to India from the US amid plans to...
PhonePe Raises Another $100 Million from General Atlantic, Others
Digital payments and financial services startup PhonePe have raised another $100 million from General Atlantic and its co-investors at a pre-money valuation of $12 billion...
PhonePe Cancels Deal with ZestMoney Over Due Diligence Concerns
Walmart-backed PhonePe has cancelled a deal with ZestMoney over due diligence concerns. It would be a massive setback for the buy-now, pay-later platform, whose backers...
PhonePe Raises Another $200 Million in Ongoing Funding from its Biggest Shareholder Walmart
Digital payments and financial services unicorn PhonePe have raised another $200 million in an ongoing $1 billion funding round from its largest shareholder, Walmart, at...
PhonePe Raises $350 Million From General Atlantic at $12 Billion valuation
Walmart-owned fintech PhonePe raised $350 million in funding from General Atlantic at a pre-money valuation of $12 billion. The investment marks the first of a...
Flipkart Internet Gets $90 Million in Funding from Singapore Parent
Flipkart Internet, the marketplace arm of e-commerce firm Flipkart, has secured a fresh capital injection of around $90 million from its two Singapore-based entities, Flipkart...
Flipkart to Conduct $700 Million ESOP Buyback Amid PhonePe Funding Round
Flipkart may conduct $700 million in employee share buybacks as part of PhonePe’s new funding round. PhonePe is expected to raise between $1.5 billion and...
Walmart to Raise $3 BN for Flipkart, Valuing $40 BN
According to a news report, Walmart is planning to raise USD 2-3 billion for its subsidiary Flipkart at an estimated more than USD 40 billion...
PhonePe Raises General Atlantic at $12 Billion Valuation
Payments and financial services unicorn PhonePe is in talks for a new funding round led by General Atlantic at a valuation of more than $12...