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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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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 …

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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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3 mins read

PhonePe is citing data to argue that merchants should pay for UPI transactions

Walmart-owned digital payment firm PhonePe on Thursday, September 2, opened its data bank for every…

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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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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…

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4 mins read

Google Pay has a solid lead over PhonePe, Paytm and Amazon Pay⁠ in India⁠— but its biggest challenge is yet to come

Google Pay had 75 million transacting users in May, while PhonePe had 60 million users and Paytm ha…

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1 min read

PhonePe receives Rs 427.25 cr capital infusion from parent co

"PhonePe has received the lion's share of its funding since Walmart's acquisition of Flipkart in 2…

PTI   


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2 mins read

Adani Green Energy raises $750 million, aims to become world's largest renewable energy company by 2030

Adani Green Energy Ltd (AGEL), Indias largest renewable energy company, has priced its maiden ListC…

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2 mins read

A Mumbai-based startup that sells power-saving fans has raised over $20 million so far

Consumer electronics startup Atomberg has raised ₹70 crore in its latest round of fundraising, led …

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2 mins read

Indian homes expected to make half their payments digitally in 3 years

According to a report by Redseer, half of all household payments in India are expected to be made d…

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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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1 min read

Promote non-motorised transport to prevent COVID-19 spread on public transport: HUA

"As most of the urban trips are clocked in under five kilometres, non-motorised transport (NMT) off…

PTI   


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2 mins read

Cycling and cashless payment for public transport is the way ahead says India's Housing and Urban Affairs Ministry

Citing the examples of world cities which have promoted non-motorised transport to tide over t…

PTI