PhonePe raises $350 million

New Delhi, January 19 Walmart-owned digital payments app PhonePe on Thursday said it has raised $350 million at a valuation of $12 billion in a funding round led by private equity firm General Atlantic. With this round, the valuation of...

PTI

Updated At : 02:54 PM Jan 20, 2023 IST

New Delhi, January 19

Walmart-owned digital payments app PhonePe on Thursday said it has raised $350 million at a valuation of $12 billion in a funding round led by private equity firm General Atlantic.

With this round, the valuation of the company has more than doubled in about a two-year period.

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