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PhonePe reaches settlement with Affle Global to acquire Indus OS
The acquisition was closed after a months-long legal dispute between PhonePe and AGPL and Ventureast Fund on the valuation of IndusOS, which is alternatively called OSLabs.
PhonePe, Affle, seek 'out of court' settlement for Indus OS acquisition
PhonePe had placed a bid to acquire 92 per cent stake in Indus OS at a valuation of around $60 million
Ventureast makes first closing of its new fund
Fund lines up investments in three new startups - Find Me A Shoe, OS Labs & a digital-health startup
