Walmart invests $200 million in Indian fintech startup PhonePe
Walmart, the American retail giant, has invested $200 million in PhonePe, one of India’s largest fintech platforms. The investment is part of PhonePe’s ongoing funding round that values the startup at $12 billion. Introduction PhonePe, the Online payment gateway platform and leader in the Fintech industry of India, was founded in 2015 and owned by…
