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Legal scuffle breaks out as Affle accuses PhonePe of lowballing the investor with Indus OS deal

By Joseph Rai

  • 24 May 2021
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Legal scuffle breaks out as Affle accuses PhonePe of lowballing the investor with Indus OS deal
Credit: 123RF.com

Walmart-owned PhonePe's move to acquire Indus OS is set for a legal battle as a minority investor of the India-focused indigenous app store and operating system has opposed the deal over valuation and "unfair practices".  In an emailed response to VCCircle, a spokesperson for Affle Global Pte Ltd said that the ......

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