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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…
PTI
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…
Phonepe is the latest Indian decacorn – Here’s all about firms valued at $10bn
Phonepe is the latest Indian decacorn – Here’s all about firms valued at $10bn
Bhakti Makwana
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…
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…
PTI
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 …
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…
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…
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…
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 …
Amazon-backed digital insurance company Acko is now valued over a billion dollars
The Series D round was led by General Atlantic and Multiples Private Equity, along with the part…
Paytm is betting big on UPI and though it’s still a distant third, analysts believe it could have an edge over PhonePe and Google Pay
With the COVID-19 pandemic, the move to digital has become even more important and with that, the g…
Flipkart employees to get additional shares to compensate for lower valuation
Flipkart employees to get additional ESOPS to make up for lower valuation
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…
Walmart CEO defends Flipkart's valuation, says learnings from India helped double their e-commerce sales
Walmart, in July 2020, made its second investment in Flipkart, two years after it bought an almost …
Paytm’s owner to raise over Rs 12,000 crore from SoftBank; single largest funding round so far in the industry
This deal is seen as the single-largest round of funding for an Indian e-commerce company. …
Flipkart raises its biggest round at a lesser valuation and acquires eBay but is it enough to steer off Amazon?
The e-tailer mentioned that this capital was raised at a post-transaction valuation of $11.6 billio…
Canara Bank hits business milestone of ₹20 lakh crore
Canara Bank on Friday said it has crossed the business milestone of ₹20 lakh crore. "Canara Bank ha…
PTI
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…
Jio Financial Services demerger and listing a ‘key moment’ for Reliance stock
Reliance Industries' (RIL) Jio Financial Services (JFS) demerger, expected to take place in Septemb…