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Basic Atlantic has poured one other $100 million into PhonePe, 4 months after leading a $350 million investment within the Indian fintech startup that has up to now raised $850 million in an ongoing financing spherical on the peak of the slowing international financial system.
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![[Weekly funding roundup May 22-26] VC investments rise sharply on again of PhonePe](https://svenpatzer.com/wp-content/uploads/2023/05/Weekly-funding-roundup-1670592545805-350x250.png)
