India: Walmart-backed PhonePe said to be in talks to raise funds at $12b valuation

India: Walmart-backed PhonePe said to be in talks to raise funds at $12b valuation

PhonePe

Indian digital payments firm PhonePe is in talks to raise funds in a round led by General Atlantic at a valuation of $12 billion, financial news website Moneycontrol reported on Friday, citing people aware of the matter.