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1 min read

PhonePe raises another $100 million from General Atlantic

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

PTI   


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1 min read

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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1 min read

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   


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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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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   


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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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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…

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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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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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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

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…

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4 mins read

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…

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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

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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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3 mins read

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 …

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1 min read

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. …

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3 mins read

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…

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1 min read

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   


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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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4 mins read

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…