PhonePe raises $350 Mn, joins India's decacorn club
Payments app PhonePe has raised $350 million in funding from global growth equity firm General Atlantic at a pre-money valuation of $12 billion.
The latest valuation has put the Bengaluru-headquartered startup in India’s decacorn club ( startups with a valuation of over $10 billion).
PhonePe also recently announced a full separation from the Flipkart Group.
Did you Know
Sameer Nigam, Founder and CEO at PhonePe.