Flipkart to Spin-Off PhonePe, Valuating at $5.5 Bn
E-commerce major Flipkart on Thursday said it was partially spinning off PhonePe, aiming to widen the access of capital for the growth of its digital payments platform. The...
Tag : PhonePe
Monthly Active Users Increases For Flipkart, PhonePe
Flipkart and PhonePe are seeing a record number of monthly active customers, Walmart said on Tuesday while announcing its September quarter earnings.American retail giant Walmart Inc. said that its Indian...
PhonePe Crosses 250 million Registered Users Milestone
PhonePe on Monday said that it has crossed the milestone of 250 million registered users on its digital payment platform. The firm reported over 100...
Delhivery Plans for Launching IPO in Next 12-18 Months
Gurugram-based, logistics unicorn Delhivery Pvt. Ltd. is planning to go public by launching it’s Initial Public Offering (IPO) in over the next 12-18 months, said a top...
PhonePe Offers Insurance for COVID-19 Treatment at Rs 156
Digital payments company PhonePe has announced an insurance policy called Corona Care in collaboration with Bajaj Allianz General Insurance for people who have been infected...
PhonePe Transactions Back to Normal After Yes Bank Fiasco
Last week, Yes bank fiasco hits UPI based transaction that is PhonePe that was solely using Yes Bank’s services worked overnight with National Payments Corporation...
PhonePe Receives Rs 586 Cr From its Singapore Parent Entity
Phonepe is the digital payment firm has received $82.5 million (Rs 585.66 crore) from its Singapore based parent Phonepe Private Ltd, as the competition within...
PhonePe associates with Ola
PhonePe which is owned by Flipkart, has associated with Ola, which will allow riders to book rides using PhonePe’s payment platform. Rahul Chari, PhonePe co-founder and...
Swiggy partners with PhonePe for simplified payments
Swiggy has associated with Flipkart’s arm, PhonePe to enable a new payment option for customers. Both the companies in a joint statement said that, customers...
Flipkart Payments invests over Rs 254 cr in PhonePe
As per the documents, filed with the Corporate Affairs Ministry, digital payments arm,PhonePe of Flipkart has raised over Rs.254 crore from Singapore based Flipkart Payments....