India's PhonePe turns decacorn as General Atlantic leads $350m fund raise

India's PhonePe turns decacorn as General Atlantic leads $350m fund raise

PhonePe

Walmart-backed fintech unicorn PhonePe on Thursday said it has raised $350 million in a fresh funding round, led by private equity firm General Atlantic, that values the company at $12 billion. The round has catapulted PhonePe into one of India’s most valued fintech companies.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter