PhonePe’s $850Mn Fundraising Spree Of 2023

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The funding spree started on January 19th when PhonePe raised $350 Mn from General Atlantic.

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The very next month, on Feb 14th PhonePe raised $100 Mn from Ribbit Capital, Tiger Global, TVS Capital Funds.

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Again on March 17th, PhonePe raised $200 Mn from parent company Walmart.

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In their 2nd round with General Atlantic in the same year, PhonePe raised $100 Mn on April 17th.

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General Atlantic infused another $100 Mn in PhonePe on 22nd May as their 3rd round with the fintech giant.

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2023 Year-In-Review: PhonePe’s 2023

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Explore Fintech major PhonePe’s 2023.

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