Walmart provides $200 million in additional funding to PhonePe

Walmart provides $200 million in additional funding to PhonePe.

In order to raise up to $1 billion in the capital, PhonePe is continuing its ongoing capital-raising efforts after moving its domicile to India last year.

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The business has now raised $650 million.

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PhonePe is gradually transforming into a distribution engine.

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