Walmart-backed PhonePe raises $100m in ongoing $1b funding round

Walmart-backed PhonePe raises $100m in ongoing $1b funding round

Walmart Inc-backed PhonePe on Wednesday said it has raised $100 million in additional funding led by General Atlantic at a pre-money valuation of $12 billion, as part of its ongoing round that aims to raise up to $1 billion.

Edited by: Joymitra Rai

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