Walmart-owned PhonePe has secured an additional $100 million investment from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion. This new funding is part of PhonePe’s ongoing fundraise of up to $1 billion in capital, following its domicile shift to India last year. With this tranche, the company has raised a total of $850 million from several global investors. This includes a total of $550 million from General Atlantic alone. PhonePe plans to use the funds to scale its payments and insurance businesses in India. It will also launch and aggressively scale new businesses like lending, stock broking and Open Network for Digital Commerce (ONDC)-based shopping over the next few years.
Given x=2y+4 and y=kx+6 are the lines of regression of x on y and y on x respectively. Find the value of k if value of r is 0.5.
What is the slope of the Engel curve for a Giffen good?
___________ refers to the degree of correlation of the same variables between two successive time intervals
With reference to the governance of public sector banking in India, consider the following statements:
Law of diminishing returns only applies to cases where
P=400, MC= 200, Lerner index = ?
The Indirect Utility function is = 12M3/27PxPy, where M is the income, P(x) is the price of commodity X and P(y) is the price of commodity Y....
The Economic Survey 2023-24 highlights the performance of India's agriculture sector. What was the average annual growth rate of the agriculture sector ...
1) Calculate the standard error of the estimate of Y on X regression equation for the following data
N =50 , ∑y^2 = 150 , ∑xy = 180, &sum...
Revealed preference theory assumes
