Jun 12, 2021
PhonePe files complaint with SEBI against unethical actions by Ventureast in IndusOS deal
PhonePe files complaint with SEBI against unethical actions by Ventureast in IndusOS deal
PhonePe on Saturday said it has filed a formal complaint with market regulator SEBI against Ventureast, alleging that the latter’s “side dealings” with Affle are a “deliberate bad faith attempt” to scuttle PhonePe’s majority acquisition in OSLabs. Walmart-owned digital payments platform PhonePe was in advanced stages of discussions to acquire majority stake in Indus OS, a homegrown content and…
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