PhonePe raises $200M from Walmart; Univest secures $1.5M in seed funding

PhonePe raises $200M in additional funding from Walmart Payment and financial services unicorn PhonePe has raised an additional $200 million in primary funding from Walmart at a pre-money valuation of $12 billion. With this, the company has raised $650 million from several global investors. The company expects further investments will be announced in due course. The fresh funding is part…
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