PhonePe Reportedly in Talks to Raise Funds in Round Led by General Atlantic at $12 Billion Valuation

Indian digital payments firm PhonePe is in talks to raise funds in a round led by General Atlantic at a valuation of $12 billion (roughly Rs. 99,300 crore), financial news website Moneycontrol reported on Friday, citing people aware of the matter. The US private equity group General Atlantic is likely to lead the round with an investment of $450 million (roughly Rs. 3...