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PhonePe raises Rs 452 crore from Flipkart Payments

PhonePe raises Rs 452 crore from Flipkart Payments

Thu, Aug 09, 2018

"PhonePe raised Rs 452 crore ($66 million) from Singapore-based Flipkart Payments Ltd under the rights issue by allotting 21,40,602 equity shares of Rs 10 face value at a premium of Rs 2,100 per share under the rights issue," Paper.vc Founder Vivek Durai told IANS from Chennai.

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