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PhonePe raises another $100 million from General Atlantic

PhonePe secured an additional USD 100 million investment from General Atlantic, a leading global gr…

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PhonePe raises $100 million from Ribbit Capital, Tiger Global & TVS Capital Funds

PhonePe, a leading fintech company, has raised $100 million in new capital from Ribbit Capital, Tig…

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PhonePe gets additional USD 100 million fund from General Atlantic

Decacorn fintech firm PhonePe has received an additional USD 100 million from General Atlantic duri…

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PhonePe enters stock broking business with new platform offering curated collections

PhonePe has announced its foray into the stock broking arena through Share(dot)Market, a venture op…

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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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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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PhonePe first player to enable UPI activation with Aadhaar

Leading fintech platform PhonePe on Wednesday announced it has enabled UPI activation using Aadhaar…

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Lenskart and Mirae Asset Capital sign up with Razorpay for online transactions

Lenskart and Mirae Asset Capital have engaged with Razorpay for online transactions.According to a …

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3 mins read

FOMO out, scrutiny in: VC investments fall 77% in Q1 2023 says KPMG

VC investments in India have decreased in Q1 2023, down 77% to $2.1bn as investors became more disc…

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Indian startup funding slumps 75% YoY to $2.8 billion in Jan-Mar, as macro challenges weigh

The ongoing macroeconomic challenges have hit the Indian startup industry in terms of funding from …

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Amazon Pay could soon get over a billion dollars to take on Google Pay, Paytm, Phonepe and others

Jeff Bezos seems in no mood to be held back by other players in India, and not just in retail. Amaz…

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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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Startup fundraising hits an 8-month low in February, falls over 83% YoY

Startup funding by private equity and venture capital firms hit an eight-month low of $596 million …

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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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COVID-19: PhonePe launches donation drive, aims to contribute Rs 100 cr to PM Fund

Paytm had on Saturday said it aims to contribute Rs 500 crore to PM CARES (Prime Minister's Citizen…

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E-commerce enablement platform GoKwik raises $35 million

The Series B round also saw participation from existing investors Sequoia Capital India and Matr…

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HDFC Life invests in tech fund to support digital entrepreneurs in India

HDFC Life, one of India’s leading life insurance companies has invested in Z3Partners’ new fund nam…

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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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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…