PhonePe to Acquire Content Discovery Platform Indus OS for $60 million

Digital payments major PhonePe is in talks to acquire homegrown content and app discovery platform Indus OS in a deal valued around $60 million, sources aware of the matter said. Bengaluru-based PhonePe’s rationale for acquiring Indus OS is to boost its ‘super app’ Switch, where it hosts apps across categories such as food, travel, shopping and lifestyle. A super app is simply a platform that offers a wide range of services under one umbrella. Local developers use Indus OS to reach non-English speakers beyond India’s tier 1 cities and allow…

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