India: PhonePe files complaint against Ventureeast with markets regulator

India: PhonePe files complaint against Ventureeast with markets regulator

PhonePe co-founder Sameer Nigam. Photo: Livemint

Digital payments firm, PhonePe on Saturday filed a formal complaint against Ventureeast, with markets regulator Securities and Exchange Board of India (SEBI), accusing the latter of ‘side dealings’ with Affle to scuttle its majority acquisition of IndusOS.