Ribbit, Tiger Global, TVS commit $100m to India's PhonePe
Ribbit Capital, Tiger Global Management, and TVS Capital Funds have committed USD 100m to Indian digital payments platform PhonePe, joining an ever-lengthening investor roster.
The deal comes nearly a month after General Atlantic and other unnamed international and domestic investors put in USD 350m at a pre-money valuation of USD 12bn. The valuation is unchanged for the latest...
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