Walmart's PhonePe raised $600M from General Atlantic at a $14.5B valuation, as the Indian digital payments and financial services company prepares for an IPO (The Economic Times)
PositiveArtificial Intelligence

Walmart's PhonePe has successfully raised $600 million from General Atlantic, boosting its valuation to $14.5 billion as it gears up for an IPO. This significant funding round highlights the growing confidence in India's digital payments sector and PhonePe's potential to lead in this space. As the company prepares for its public offering, this investment not only strengthens its financial position but also signals a robust future for digital finance in India.
— Curated by the World Pulse Now AI Editorial System





