Tiger Global and Ribbit invest additional $100 million in PhonePe

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  • PhonePe has raised an additional $100 million in its ongoing round, now totaling $450 million.
  • The new investment was provided by Ribbit Capital, Tiger Global, and TVS Capital.
  • The ongoing round values PhonePe at…
  • The funds will be used to bulk up PhonePe’s war chest following the recent separation from the parent firm Flipkart.