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Singapore: PhonePe<\/a>, India's leading digital payments platform<\/a> announced the acquisition of OSLabs<\/a>, a mobile platform that enables content and app discovery<\/a> for users and app developers.

PhonePe,
AGPL<\/a> and OSLabs have reached an amicable settlement in the matter, with PhonePe acquiring AGPL's entire stake at a premium.

The closure of this deal allows PhonePe to pursue its stated vision of building a homegrown horizontal,
local Appstore<\/a>, while AGPL gets a premium on its original investment.

Commenting on the acquisition Sameer Nigam, Founder and CEO PhonePe said: \"We are very excited to embark on this journey with OSLabs, and build just the kind of the localised App store that India needs.\"

Mei Theng Leong, Director of AGPL added: \"We are happy that the matter has been amicably settled for all the entities. We wish PhonePe team the very best for its stated vision of building a homegrown horizontal, local Appstore.\"

A PhonePe was founded in December 2015, and has emerged as India's largest
payments app<\/a>, enabling digital inclusion for consumers and merchants alike.

With over 390 million registered users, one in four Indians are now on PhonePe.

The company said it has also successfully digitised over 30 million offline merchants spread across India.


<\/body>","next_sibling":[{"msid":93211538,"title":"Oppo to invest $60 million in India to strengthen smartphone ecosystem","entity_type":"ARTICLE","link":"\/news\/oppo-to-invest-60-million-in-india-to-strengthen-smartphone-ecosystem\/93211538","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":93211877,"entity_type":"ARTICLE","title":"PhonePe reaches amicable settlement with Affle Global to acquire OSLabs","synopsis":"PhonePe, AGPL and OSLabs have reached an amicable settlement in the matter, with PhonePe acquiring AGPL's entire stake at a premium.","titleseo":"telecomnews\/phonepe-reaches-amicable-settlement-with-affle-global-to-acquire-oslabs","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"IANS","artdate":"2022-07-29 16:47:38","lastupd":"2022-07-29 16:54:36","breadcrumbTags":["phonepe","OSLabs","AGPL","mvas\/apps","app discovery","local Appstore","payments app","digital payments platform"],"secinfo":{"seolocation":"telecomnews\/phonepe-reaches-amicable-settlement-with-affle-global-to-acquire-oslabs"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-07-29" data-index="article_1">

PhonePe Affle全球收购OSLabs达到和解

PhonePe, AGPL和OSLabs达成和解,与PhonePe收购AGPL的全部股份溢价。

  • 更新于2022年7月29日下午04:54坚持

新加坡:PhonePe印度领先的电子支付平台宣布收购OSLabs,一个移动平台,使内容和应用探索为用户和应用程序开发人员。

PhonePe,AGPL和OSLabs达成和解,与PhonePe收购AGPL的全部股份溢价。

关闭这个协议允许PhonePe实现其既定目标的构建本土水平,本地应用商店,而AGPL溢价最初的投资。

评论收购Sameer尼噶,创始人兼首席执行官PhonePe说:“我们非常兴奋与OSLabs开始这段旅程,和建立本地化的应用程序商店,印度需要。”

广告
主任梅梁按照推动AGPL补充道:“我们是快乐的,这件事一直友好解决的所有实体。我们希望PhonePe团队最好的远景建立本土水平,当地的应用商店”。

一个PhonePe成立于2015年12月,已成为印度最大的支付应用,使数字包含对于消费者和商家。

拥有超过3.9亿的注册用户,四分之一的印第安人现在PhonePe。

该公司表示,它还成功数字化超过3000万线下商家遍布印度。


  • 发布于2022年7月29日下午04:47坚持
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Singapore: PhonePe<\/a>, India's leading digital payments platform<\/a> announced the acquisition of OSLabs<\/a>, a mobile platform that enables content and app discovery<\/a> for users and app developers.

PhonePe,
AGPL<\/a> and OSLabs have reached an amicable settlement in the matter, with PhonePe acquiring AGPL's entire stake at a premium.

The closure of this deal allows PhonePe to pursue its stated vision of building a homegrown horizontal,
local Appstore<\/a>, while AGPL gets a premium on its original investment.

Commenting on the acquisition Sameer Nigam, Founder and CEO PhonePe said: \"We are very excited to embark on this journey with OSLabs, and build just the kind of the localised App store that India needs.\"

Mei Theng Leong, Director of AGPL added: \"We are happy that the matter has been amicably settled for all the entities. We wish PhonePe team the very best for its stated vision of building a homegrown horizontal, local Appstore.\"

A PhonePe was founded in December 2015, and has emerged as India's largest
payments app<\/a>, enabling digital inclusion for consumers and merchants alike.

With over 390 million registered users, one in four Indians are now on PhonePe.

The company said it has also successfully digitised over 30 million offline merchants spread across India.


<\/body>","next_sibling":[{"msid":93211538,"title":"Oppo to invest $60 million in India to strengthen smartphone ecosystem","entity_type":"ARTICLE","link":"\/news\/oppo-to-invest-60-million-in-india-to-strengthen-smartphone-ecosystem\/93211538","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":93211877,"entity_type":"ARTICLE","title":"PhonePe reaches amicable settlement with Affle Global to acquire OSLabs","synopsis":"PhonePe, AGPL and OSLabs have reached an amicable settlement in the matter, with PhonePe acquiring AGPL's entire stake at a premium.","titleseo":"telecomnews\/phonepe-reaches-amicable-settlement-with-affle-global-to-acquire-oslabs","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"IANS","artdate":"2022-07-29 16:47:38","lastupd":"2022-07-29 16:54:36","breadcrumbTags":["phonepe","OSLabs","AGPL","mvas\/apps","app discovery","local Appstore","payments app","digital payments platform"],"secinfo":{"seolocation":"telecomnews\/phonepe-reaches-amicable-settlement-with-affle-global-to-acquire-oslabs"}}" data-news_link="//www.iser-br.com/news/phonepe-reaches-amicable-settlement-with-affle-global-to-acquire-oslabs/93211877">