India's PhonePe tops up $200m from Walmart in ongoing funding round

India's PhonePe tops up $200m from Walmart in ongoing funding round

India’s PhonePe on Friday said it has raised $200 million in additional funding from its majority shareholder Walmart at a pre-money valuation of $12 billion, in the latest capital raise for the fintech unicorn which aims to raise up to $1 billion in the ongoing round.

Edited by: Joymitra Rai

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