PhonePe Becomes General Atlantic’s Largest Bet, Bags Another $600Mn Investment Ahead of IPO
Published on: Oct. 30, 2025, 7:02 p.m. | Source: Outlook Business
General Atlantic invested $600 million in PhonePe in a secondary transaction that values the Walmart-backed fintech at about $14.5bn, providing ESOP liquidity as PhonePe prepares a domestic IPO amid strong UPI scale and regulatory scrutiny
