PhonePe


Saving, Investment App Gullak Raises $3 Mn In Seed Funding Round

Banking - Published date: .

Company will use the money to increase revenue, product development, get users Read more

Retail Giant Walmart Gets $1-billion Tax Bill For PhonePe Shift To India

Banking - Published date: .

The bill stems from the relocation and rise in value of PhonePe Pvt, which Walmart took majority ownership of after acqu... Read more

Flipkart Completes Full Separation Of PhonePe

World - Published date: .

The PhonePe Group was acquired by the Flipkart Group in 2016 and is one of India's largest digital payments platform Read more

PhonePe Separates From Flipkart Ahead Of Public Listing

World - Published date: .

PhonePe , which was acquired by the Flipkart Group in 2016, claims to have more than 400 million registered users as wel... Read more

PhonePe Acquiring ZestMoney; Deal Pegged At $200mn-$300mn

World - Published date: .

ZestMoney, founded in 2015, has raised about $140 million till date from marquee investors, including PayU, Zip, Ribbit ... Read more

PhonePe Sells Over 1 Mn Two Wheeler Insurance Policies On Its Platform

Banking - Published date: .

Sees over 75% of overall insurance purchases from tier 2 & 3 cities Read more

Top Court Refuses To Entertain BharatPe's Petition Against PhonePe

Banking - Published date: .

Last October, PhonePe sought Bombay HC injunction to restrain BharatPe from misusing PhonePe's registered trademarks by ... Read more

PhonePe To More Than Double Employee Count To 5,400 By December 2022

Banking - Published date: .

Digital payments platform PhonePe on Tuesday said it plans to more than double its total employee strength to 5,400 acro... Read more

PhonePe Plans To Fill 2800 Positions In 12 Mths, To Hire Across Functions

Banking - Published date: .

The Walmart-owned fintech firm is focused on doubling employee strength to about 5400. Read more

Payment Firm PhonePe Receives Broking Licence From Insurance Regulator

Banking - Published date: .

The broking license will allow it to start offering personalised product recommendations to its more than 300 mn users, ... Read more

Affle Claims Victory In Indus OS Stake Sale Lawsuit; PhonePe, OSLabs Refute

Banking - Published date: .

PhonePe had placed a bid to acquire 92 per cent stake in Indus OS at a valuation of around $60 million. However, the big... Read more

PhonePe Launches Auto Top-up Feature For Its Wallet

Banking - Published date: .

This feature will allow customers of PhonePe to set up a UPI e-mandate once, post which the company will automatically t... Read more

Second Month In Row, Walmart's PhonePe Logs Over 1 Billion Transactions

Banking - Published date: .

Maintains top position in UPI apps, followed by Google Pay Read more

Amazon Invests Rs 225 Cr In India Digital Payments Arm To Scale Up Presence

Banking - Published date: .

Amazon Pay got the capital infusion in March by allotting 22.5 crore equity shares Read more

PhonePe Reports 7% Decline In Net Losses For FY20, Revenue Rises 74%

Banking - Published date: .

PhonePe is currently valued at $5.5 billion from existing Flipkart investors led by Walmart with the e-commerce player h... Read more

Snapdeal Partners NPCI To Enable Doorstep QR Code Payments For Orders

Banking - Published date: .

Snapdeal said it has partnered with National Payments Corporation of India (NPCI) to allow shoppers to make QR-based dig... Read more

Google, Walmart Hit By India's Move To Limit Some Digital Payments Players

Banking - Published date: .

More than 2.07 billion UPI transactions were processed in October, according to NPCI, with Walmart's PhonePe accounting ... Read more

WhatsApp Takes On Google, Alibaba In India's Phone Payment Battle

Breaking - Published date: .

Zuckerberg hailed India's Unified Payments Interface which is used in the country to manage payment apps, with more than... Read more