PhonePe Raises $100 Million From General Atlantic, Investors During Ongoing Fundraise

PhonePe Raises $100 Million From General Atlantic, Investors During Ongoing Fundraise

ByNews Polite

Walmart-owned Indian payments firm PhonePe on Wednesday said it had raised an additional $100 million (roughly Rs. 820 crores) from General Atlantic and other investors as part of its ongoing $1 billion (roughly Rs. 82,063 crores) fundraising to expand into the lucrative lending space. With the latest round, PhonePe, India’s…