Announced
Completed
General Atlantic completed a $100m investment in PhonePe.
Financials
Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Single Bidder
Cross Border
Acquisition
Private Equity
Minority
Private
Software
application software
mobile recharge
digital payment
India
Completed
Friendly
Synopsis
General Atlantic, a global growth equity firm, completed a $100m investment in PhonePe, an Indian digital payments and financial services company headquartered in Bengaluru. The investment reaffirms General Atlantic’s conviction in PhonePe’s business and growth potential.
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