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PhonePe raises $350 mn at $12 billion valuation

Finance

19 January, 2023

PhonePe raises $350 mn at $12 billion valuation

Walmart-owned payment services provider PhonePe on Thursday said it has raised $350 million (around Rs 2,478 crore) in a......

Flipkart's  $700 Mn Esop Cash Payout To Benefit 25,000

Consumer

27 December, 2022

Flipkart's  $700 Mn Esop Cash Payout To Benefit 25,000

More than 25,000 current and former employees of Flipkart are set to make a financial windfall as the e-commerce giant ......

IPO-bound PhonePe concludes separation from Flipkart

Finance

23 December, 2022

IPO-bound PhonePe concludes separation from Flipkart

Walmart-owned Flipkart and digital payments platform PhonePe, on Friday announced the full ownership separation of ......

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PhonePe to acquire BNPL startup ZestMoney

Finance

25 November, 2022

PhonePe to acquire BNPL startup ZestMoney

Digital payments and financial services provider PhonePe is in the process of acquiring buy-now-pay-later (BNPL) fintech......

PhonePe India's revenue rises over two-fold in FY22

TMT

18 October, 2022

PhonePe India's revenue rises over two-fold in FY22

Walmart-owned payment services provider PhonePe’s consolidated operating revenue has more than doubled (growing by 138......

PhonePe founders acquire Mumbai franchise of Prime Volleyball League

Finance

10 October, 2022

PhonePe founders acquire Mumbai franchise of Prime Volleyball League

Walmart-owned PhonePe’s founders Sameer Nigam and Rahul Chari have acquired the Mumbai franchise in the Prime ......

UPI payments double in June quarter, set new record in September

Finance

04 October, 2022

UPI payments double in June quarter, set new record in September

National Payments Corporation of India (NPCI)’s unified payments interface (UPI) accounted for over 83% of all ......

PhonePe shifts domicile from Singapore to India

Finance

03 October, 2022

PhonePe shifts domicile from Singapore to India

Walmart-owned PhonePe, on Monday announced that it has concluded the process of moving its domicile from Singapore to ......

Kunal Shah's Cred launches Scan and Pay to expand payments biz

Finance

01 October, 2022

Kunal Shah's Cred launches Scan and Pay to expand payments biz

Kunal Shal-led fintech startup Cred has launched ‘Scan and Pay’ under the Unified Payments Interface (UPI) platform ......

Walmart-owned PhonePe buys freelance micro-entrepreneurs network GigIndia

TMT

21 March, 2022

Walmart-owned PhonePe buys freelance micro-entrepreneurs network GigIndia

Walmart Inc-owned payments company PhonePe Pvt Ltd has acquired Explorium Innovative Technologies Pvt Ltd, which owns and operates...

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