Digital payments firm PhonePe has received a ₹427.72 crore ($60 million) investment from its Singapore-based parent, a regulatory filing showed. The board of PhonePe Pvt. Ltd has approved issuing about 1 million shares to its parent PhonePe Pvt. Ltd, Singapore, at ₹4,230 each, according to a regulatory filing.
Walmart-owned PhonePe receives fourth fund infusion worth $60 mln in FY20
Date posted: Thursday 27 February 2020