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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…

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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…

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2 mins read

PhonePe moves domicile from Singapore to India

PhonePe moves domicile from Singapore to India

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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…

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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 …

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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 …

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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   


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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   


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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…

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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…

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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…

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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   


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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…

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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…

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Flipkart employees to get additional shares to compensate for lower valuation

Flipkart employees to get additional ESOPS to make up for lower valuation

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Flipkart is persuading online shoppers to pay through PhonePe

To encourage people, Flipkart and Myntra have already informed customers that their Flipkart Money …

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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   


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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…

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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…

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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…