PhonePe, Affle and Ventureast Fund opt for out-of-court settlement in IndusOS acquisition case - Moneycontrol
4/13/2022 12:00:00 AM3 years 10 months ago
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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