Report: Indus OS investors take on PhonePe in legal battle over $60m acquisition deal
Tech in Asia·2021-05-24 17:00
“A seemingly straightforward acquisition by PhonePe of homegrown content discovery platform Indus OS for about US$60 million has spiraled into a legal tangle as India’s second-largest fintech firm battles two existing investors for the five-year-old startup,” The Economic Times reported, citing court filings, regulatory disclosures, and three sources briefed on the matter.
……Read full article on Tech in Asia
India Business
One-stop lifestyle app dedicated to making life in Singapore a breeze!
Comments
Leave a comment in Nestia App