General Atlantic, Ribbit Capital, Tiger Global and TVS Capital led a $200m round in PhonePe.

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.