Walmart invests $200 million in Indian mobile payments giant PhonePe
TechCrunch
MARCH 16, 2023
Walmart, which owns the majority of PhonePe, has invested $200 million into the startup. India is one of the world’s most digital, dynamic and fastest growing economies, and we are pleased to have the opportunity to continue to support PhonePe,” said Judith McKenna, President and CEO for Walmart International, in a statement.
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