PhonePe Acquires Content & App Discovery Platform OSLabs After A Year-Long Wait

After a year-long wait, fintech giant PhonePe has finally announced the acquisition of Indus OS’ parent OSLabs – a mobile platform that enables content and app discovery for users and app developers. According to a statement released by PhonePe, the three affected parties PhonePe, OSLabs and Affle Global have reached “an amicable settlement in the matter” and the fintech giant will acquire Affle’s entire stake at a premium.