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1 min read
Walmart buys Tiger Global's residual Flipkart stake for $1.4 billion
Retail giant Walmart has reportedly paid $1.4 billion to acquire VC form Tiger Global's remaining s…
3 mins read
Flipkart and PhonePe complete separation six years after acquisition
Flipkart and PhonePe have announced that they are fully separated now, six years after the e-commer…
2 mins read
PhonePe moves domicile from Singapore to India
PhonePe moves domicile from Singapore to India
1 min read
Top 10 loss making startups in India in 2021 – from Oyo to PhonePe and Paytm, here’s the list
India crossed a century of unicorns earlier this month, but the list also includes several startups…
2 mins read
Flipkart's Binny Bansal will be joining PhonePe’s board of directors
As PhonePe separates from the Walmart-oned Flipkart to become its own independent entity, Flipkart …
2 mins read
PhonePe raises $700 million at a $5.5 billion valuation, will operate as a separate entity
PhonePe has raised $700 million in a fresh round of fundraising, at a post-money valuation of $5.5 …
2 mins read
Flipkart and digital payment app PhonePe continue to experience 'strong growth' in first quarter of 2021-22, says retail giant Walmart
This was "negatively affected by government-mandated restrictions in certain markets," said Walm…
PTI
1 min read
PhonePe will buy back shares worth ₹135 crore from its employees
The buyback offer follows a three-tier model, based on seniority, a statement said. The compa…
PTI
1 min read
PhonePe raises $101 million funding from its parent chasing $10 billion valuation
PhonePe receives fresh funds from its parent company – the Singapore-based PhonePe Pvt Ltd. Accordi…
1 min read
PhonePe joins Flipkart in the fight against plastic, bans single use plastic
Flipkart-owned PhonePe has banned single use plastic from all of its offices. It has over 40 office…
4 mins read
SBI processed about 5 Lakh IPO transactions in June, PhonePe continues to be the most used UPI app
About ₹5.5 lakh crore was transferred through 2.8 billion transactions on the UPI in the month of J…
1 min read
Flipkart-owned PhonePe receives Rs 585.6-cr infusion from parent firm
New Delhi, Dec 10 () Flipkart-owned digital payments company PhonePe has received a fund infusion o…
PTI
3 mins read
PhonePe, Paytm, Myntra reap benefits of IPL advertising, while Zomato scored over Swiggy without an IPL TV ad-Bobble AI report
PhonePe, Paytm, Myntra reap benefits of IPL advertising, while Zomato scored over Swiggy without an…
1 min read
Flipkart is holding another sale just two weeks after its Big 10 sale
Titled 'Summer Shopping Days sale', it’s also offering heavy discounts on home appliances…
1 min read
Flipkart employees to get additional shares to compensate for lower valuation
Flipkart employees to get additional ESOPS to make up for lower valuation
1 min read
Flipkart is persuading online shoppers to pay through PhonePe
To encourage people, Flipkart and Myntra have already informed customers that their Flipkart Money …
2 mins read
PhonePe partners with ICICI Bank on UPI multi-bank model
"At PhonePe, our effort has always been to give customers more choice while making their transacti…
PTI
5 mins read
PhonePe is looking at ‘Bharat’ for its next phase of growth
With over 170 million registered users, PhonePe’s strategy for further growing its hold in the segm…
3 mins read
Flipkart’s reported $10 billion IPO plan will mean Walmart’s investment in the Indian e-commerce giant will double within 3 years
The much-anticipated Flipkart IPO (initial public offering) could soon be a reality. US retail play…
2 mins read
WhatsApp is starting lending and insurance with a number of users that Paytm, PhonePe and Amazon took years to build
At a time when digital payments are on the rise, given the pandemic enforced lockdown, the future f…