India's PhonePe raises another $100m in ongoing round at $12b valuation

India's PhonePe raises another $100m in ongoing round at $12b valuation

PhonePe co-founders: CEO Sameer Nigam (left) and CTO Rahul Chari

Walmart-backed fintech unicorn PhonePe on Tuesday said it has raised $100 million in additional funding from Ribbit Capital, Tiger Global, and TVS Capital Funds, at a pre-money valuation of $12 billion.

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