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Phonepe Gets $50 Million From Tencent But Won'T Use It In India

Phonepe Gets $50 Million From Tencent But Won'T Use It In India

08/19/21, 12:46 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgdelhi
Money raised
$50 million
New Delhi: The Singapore unit of PhonePe has raised $66.5 million (about Rs 500 crore) in a funding round led by Chinese tech company Tencent Holdings Ltd. along with participation of New York-based investor Tiger Global.

Company Info

Company
Phone Pe
Location
delhi, delhi, india
Additional Info
PhonePe is a Digital Wallet & Online Payment App that allows you to make instant Money Transfers with UPI. Recharge Mobile, DTH, Pay Utility Bills, Buy/Invest in Gold, Mutual Funds, Insurance & much more.