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Sunday 26 May 2019

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / PhonePe seeks $8 billion value with $1-billion fund-raise

PhonePe seeks $8 billion value with $1-billion fund-raise

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After Flipkart’s board gave approval to hive off PhonePe, paving the way for a solo fund-raise, the payments platform is in talks to raise about $1 billion from marquee investors like China’s Tencent and Tiger Global, three people aware of the development said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2HDVjJ6
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