Walmart Pumps $200M Into India’s PhonePe, to Be Used for Insurance, Wealth Businesses
Insurance Journal - Mar 17, 2023
Indian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart Inc. at a pre-money valuation of $12 billion. PhonePe, already India’s most valuable payments firm and among the country’s most highly valued startups, …...
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