PhonePe
TMT
Flipkart commits $500 mn for payments arm PhonePe
Homegrown e-commerce major Flipkart Pvt. Ltd has committed to infuse $500 million (Rs 3,254 crore) into its payments arm PhonePe, ......
TMT
VCC Startups weekly wrap: Ola gets $400 mn; Flipkart, Amazon put funds in payment biz
The much-talked-about $400 million investment by Tencent in Ola concluded this week. Thus, the Chinese tech major has picked up ......
TMT
PhonePe receives $38.7 mn infusion from parent Flipkart
PhonePe Pvt. Ltd, the unified payments interface-based payments app from homegrown e-tailer Flipkart, has received Rs 254.43 crore ($38.7 million) ......
TMT
Digital payments not a one-player-takes-all game: PhonePe co-founder Rahul Chari
For a rather late entrant into the digital payments segment, Flipkart-owned PhonePe has claimed high growth figures in a short ......
TMT
Flush with funds, Flipkart sets aside $1.25 bn for buyouts, investments
Homegrown e-commerce major Flipkart has bumped up the reserves earmarked for financing investments, making acquisitions and extending inter-corporate loans to ......
TMT
Amazon Pay opens escrow account with HDFC Bank
Amazon Pay (India) Pvt. Ltd, the digital payments arm of e-commerce major Amazon India, has entered into an escrow agreement ......
People
Flipkart long-timer Amitesh Jha to lead logistics arm eKart
Homegrown e-commerce firm Flipkart has entrusted long-timer Amitesh Jha with leading its logistics arm eKart just ahead of the festive ......
TMT
Flipkart's PhonePe enters offline commerce; will the gambit pay off?
PhonePe, the UPI-based payment app from homegrown e-tailer Flipkart's stable, has rolled out a payment solution for offline commerce, a ......
TMT
Flipkart COO Nitin Seth looks to 'bring back the DNA' by rehiring old hands
E-commerce major Flipkart, which has seen continuous churn at the top level for the last few quarters, is quietly working ......
General
Can the humble Aadhaar Pay slay digital wallets?
More than two months after it demonetised Rs 500 and Rs 1,000 notes, the government is now reportedly pushing to ......
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