PhonePe bags another $100 million from General Atlantic

General Atlantic (GA) infused an additional $100 million in PhonePe on Wednesday as a part of the payments company’s $1-billion primary funding plan and may pump in another $100-200 million, said three people with knowledge of the matter.

The new infusion from the private equity firm is expected in the coming weeks and is subject to conditions and milestones being met, said one of them.