PhonePe Launches New App Pincode at ONDC to Strengthen its E-Commerce Presence
PhonePe has launched Pincode, a new app for consumers that will be part of India’s Open Network for Digital Commerce (ONDC) framework, as the Walmart-backed...
Tag : Flipkart
PhonePe Raises Another $200 Million in Ongoing Funding from its Biggest Shareholder Walmart
Digital payments and financial services unicorn PhonePe have raised another $200 million in an ongoing $1 billion funding round from its largest shareholder, Walmart, at...
Amazon to Join Govt E-Commerce Platform ONDC
On Friday, e-commerce platform Amazon said to join the government’s open source, not-for-profit, e-commerce podium Open Network for Digital Commerce (ONDC). For now, Amazon’s logistics...
PhonePe Raises Another $100 Million from Tiger Global, Others at $12 Billion Valuation
Digital payments and financial services unicorn PhonePe has raised $100 million from Tiger Global, Ribbit Capital and TVS Capital as part of its larger ongoing...
PhonePe Raises $350 Million From General Atlantic at $12 Billion valuation
Walmart-owned fintech PhonePe raised $350 million in funding from General Atlantic at a pre-money valuation of $12 billion. The investment marks the first of a...
Flipkart to Conduct $700 Million ESOP Buyback Amid PhonePe Funding Round
Flipkart may conduct $700 million in employee share buybacks as part of PhonePe’s new funding round. PhonePe is expected to raise between $1.5 billion and...
BeatO Raises $33 Million in Series B Led by Lightrock
On November 16, Digital diabetes care platform BeatO said it had raised $33 million (~Rs 269 crore) in a Series B funding round led by...
Walmart to Raise $3 BN for Flipkart, Valuing $40 BN
According to a news report, Walmart is planning to raise USD 2-3 billion for its subsidiary Flipkart at an estimated more than USD 40 billion...
PhonePe Raises General Atlantic at $12 Billion Valuation
Payments and financial services unicorn PhonePe is in talks for a new funding round led by General Atlantic at a valuation of more than $12...
Flipkart Partners with eDAO to Launch Flipverse for Virtual Shopping Experience in Metaverse
On Monday, e-commerce platform Flipkart announced that it has partnered with Polygon-incubated organisation eDAO to launch Flipverse. Flipverse is a metaverse space where consumers can...