M&A

Payments services co. PhonePe acquires app development agency Obvious

Target Company Announcement  

Fintech unicorn PhonePe has acquired fellow Bengaluru-based mobile app design agency, Obvious Ventures Pvt Ltd.Founded in 2012 by Rahul Gonsalves and Dhruv Saxena, Obvious claims to have worked on the first apps created by several startups including Myntra, Flipkart and Swiggy.

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