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Economy and Finance

Economy and Finance

Phonepe raises $200 million from Walmart, valued at $12 billion; Walmart to continue holding majority stake

17 Mar 2023 Zinkpot 159

Financial Express -  Phonepe is having an ongoing fundraise of up to $1 billion, following its shift to India from Singapore last year, the company said in a statement. With this tranche, the company has raised $650 million from several leading global investors. Read more

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