PhonePe, Affle and Ventureast Fund opt for out-of-court settlement in IndusOS acquisition case - Moneycontrol

4/13/2022 12:00:00 AM3 yearsago
by Priyanka Iyer
by Priyanka Iyer
The court tussle began when PhonePe was close to acquiring IndusOS in May 2021. The acquisition was set to take place at a valuation of $60 million.
The long-standing legal wrangle between digital payments player PhonePe and IndusOS shareholders Affle and Ventureast Fund has finally come to a close with all parties opting for an out-of-court sett… [+3510 chars]
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