Announced
Financials
Sources
Tags
Single Bidder
Venture Capital
Acquisition
Minority
Friendly
Software
application software
mobile recharge
digital payment
India
Cross Border
Private
Private Equity
Pending
Synopsis
General Atlantic, Ribbit Capital, Tiger Global and TVS Capital, four private equity investors, led a $200m funding round in PhonePe, a fintech platform. "I would like to thank Ribbit Capital, Tiger Global and TVS Capital Funds for reposing their faith in us. We are privileged to have a great set of leading global investors, both existing and new, who believe in our mission of building massive technology platforms to bring at-scale financial and digital inclusion in India," Sameer Nigam, PhonePe CEO and Founder. In April 12, 2023, General Atlantic invested an additional $100m in this round.
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