"PhonePe is proud to help lead India’s country-wide digitization efforts and believes that this powerful public-private collaboration has made the Indian digital ecosystem a global exemplar. We are an Indian company, built by Indians, and our latest fundraise will help us further accelerate the Government of India’s vision of digital financial inclusion for all."

https://techcrunch.com/2023/01/18/indias-phonepe-tops-12-billion-valuation-in-new-funding/?guccounter=1