WebDec 3, 2024 · In this financing round, PhonePe is raising $700 million in primary capital at a post-money valuation of $5.5 billion from existing Flipkart investors including Tiger … WebApr 12, 2024 · PhonePe raises another $100 mn from General Atlantic, its co-investors 2 min read . Updated: 12 Apr 2024, 03:44 PM IST Jyoti Banthia In January, PhonePe announced raising $1 billion in tranches...
Flipkart and PhonePe complete separation six years after acquisition …
WebApr 12, 2024 · Fintech start-up PhonePe has secured $100 million from General Atlantic and its co-investors as part of its ongoing $1 billion fundraiser, reported MoneyControl. Citing people aware of the matter, the report said the latest funding is at a … WebJul 23, 2024 · This is the recent fairy tale development in Walmart's $17 billion acquisition of Indian e-tailing giant Flipkart last year. At the time, everyone including myself, labeled the deal as a potential ... green food with noom
PhonePe secures Rs 150 crore from majority stakeholder Flipkart
WebApr 12, 2024 · The fundraise follows PhonePe’s recently announced change of domicile to India and full separation from e-commerce giant Flipkart. The investments value the company at $12 billion, making it ... WebJan 11, 2024 · PhonePe India was acquired by Flipkart in 2016. Separating these businesses as distinct entities will provide value and create new opportunities for investors to participate in the Indian tech ecosystem – helping unlock and maximize enterprise value for shareholders of the two companies. WebApr 12, 2024 · PhonePe raises an additional USD 100 mln. The new funds from returning backer General Ataltantic bring the total raised since a few months prior to this announcement to USD 750 million. PhonePe picked up a USD 450 million investment in February 2024 (including USD 350 million from Genral Atlantic), followed in March 2024 … green food wrap