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With a $12 billion pre-money valuation, payment and financial services startup PhonePe has secured an extra $200 million in primary capital from Walmart. As a result, the business has raised $650 million from several international investors. <br>The business anticipates announcing further investments in due time. After the relocation of its headquarters to India last year, PhonePe is currently raising up to $1 billion in cash. <br>

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  1. HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING STARTUPS MARKETS ECONOMIC Walmart Contribute $200 million to PhonePe’s Financing Increase  Home - Fund Raising - Walmart Contribute $200 million to PhonePe’s Financing Increase Search here ...  Latest Update RECENT POPULA R COMMO N  March 20, 2023 With a 38% Increase in 2022, India’s M&A Activity Reached An all-time High  March 20, 2023 GalaxEye Space Startup: Creating Satellites for Good Use Fund Raising  March 20, 2023  March 20, 2023 Walmart Contribute $200 million to PhonePe’s Financing Increase By Gurpreet Kaur  5 hours ago  0  31  1 minute read           Facebook Twitter  March 20, 2023 With a $12 billion pre-money valuation, payment and ?nancial services startup PhonePe has secured an extra $200 million in primary capital from Walmart. As a result, the business has raised $650 million from several international investors.  The business anticipates announcing further investments in due time. After the relocation of its headquarters to India last year, PhonePe is currently raising up to $1 billion in cash. The new ?nancing is a part of this effort. The ?ntech startup said earlier in January that General Atlantic, a private equity group, had provided $350 million in the capital at a $12 billion pre-money value. Several Domestic and worldwide investors also joined in the round.   An Adani Group re?nancing of $1.15 billion bonds might affect Adani Green & Ports shares Company Sayings   Most Viewed Walmart, which owns the majority of PhonePe’s shares, deserves praise for continuing to support the company’s long-term objectives. According to Sameer Nigam, CEO and creator of PhonePe, they are excited about the next phase of the company’s development as they create new services for Indian consumers and companies and promote ?nancial inclusion all around the nation. The company plans to use the funds to start and expand new businesses in the account aggregator, lending, wealth management, healthcare, and stockbroking sectors. Also, it will help PhonePe spark the future growth of UPI payments in India, such as Credit on UPI and UPI Lite.  President and CEO of Walmart International, Judith McKenna, expressed her excitement for PhonePe’s future and con?dence in the company’s capacity to expand its product line and provide Indians with extensive access to ?nancial services. Given that India is one of the most lively, technologically pro?cient, and quickly growing economies in the world, they are excited to have the chance to support PhonePe moving ahead.   February 15, 2023 Adani Group equities are the Subject of This Week   January 31, 2023 HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING STARTUPS MARKETS IHC investment leads Adani Enterprises shares to boost by 5%   ECONOMIC 

  2.  February 20, 2023 Adani Enterprises Shares Must Increase by up to 410% to Reach their 52- week Highs You can share this post!            January 17, 2023 Shark Tank India 2 – Catching Big Fishes for National Start- Up Day    Previous article An Adani Group re?nancing of $1.15 billion bonds might affect Adani Green & Ports shares Next article  GalaxEye Space Startup: Creating Satellites for Good Use  February 8, 2023 Related Articles Price of Paytm stock: Double Upgrades by Macquarie   FUND RAISING FUND RAISING FUND RAIS  March 3, 2023 VCs’ ?xation with start-ups’ topline, says CEO of Infosys A Heavy million investment in Zouk is made… Lenskart Receives million from the Abu Dhabi Investment… A $22 mi Round is Most Reviews  March 17, 2023  March 16, 2023  March RECENT POPULA R COMMO N Leave a Reply  March 20, 2023 With a 38% Increase in 2022, India’s M&A Activity Reached An all-time High Your email address will not be published. Required ?elds are marked * Comment *  March 20, 2023 GalaxEye Space Startup: Creating Satellites for Good Use  March 20, 2023 Walmart Contribute $200 million to PhonePe’s Financing Increase Name * Email * POST COMMENT HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING STARTUPS MARKETS Newsletter ECONOMIC 

  3. Subscribe to our mailing list to get the new updates!  Subscribe our newsletter to stay updated Your email a  About Indiabiz Recent Post Popular Categories Trending Post  March 20, 2023 Campaigns Digital Media Adani Group equities are the Subject of This Week  With a 38% Increase in 2022, India’s M&A Activity Reached An all-time High Economic Fund Raising Marketing Markets Politics Startups  March 20, 2023 Uncategorized IHC investment leads Adani Enterprises shares to boost by 5%   GalaxEye Space Startup: Creating Satellites for Good Use  March 20, 2023 Adani Enterprises Shares Must Increase by up to 410% to Reach their 52-week Highs Walmart Contribute $200 million to PhonePe’s Financing Increase © Copyright Indiabiz.live 2022. Designed and Developed by Indiabiz 

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