PhonePe to Apply Mutual Fund Business Application
PhonePe is thinking to apply for an Asset Management Company (AMC) licence, which will allow them to sell mutual funds, Cofounder and CEO Sameer Nigam...
Tag : PhonePe
Info Edge Acquires HR Tech Startup DoSelect
Info Edge India Ltd. has purchased HR tech startup DoSelect for Rs 21 crore, according to a statement. “The purchase will further increase Info Edge...
PhonePe’s Acquisition of Indus OS in Legal Battle with Investors
PhonePe‘s $60 million acquisition of content discovery platform Indus OS has run into a legal battle. The company is now in a legal battle with...
Flipkart, PhonePe to Have Strong Growth in Q1FY21 in Indian Market
Flipkart and PhonePe are going to encounter “strong growth” in the Q1FY21 in the Indian market, retail giant Walmart said on Tuesday. Walmart International which...
MobiKwik Targets IPO by September
MobiKwik System Pvt, the Indian digital wallet and payments startup, is targeting an initial public offering before September that could raise between $200 million and...
Flipkart to Focus on Subscription Programme, Says CEO
Flipkart will expand its subscription programme Flipkart Plus, strengthen its value proposition in the grocery segment and invest in technology and infrastructure in 2021, Chief Executive...
PhonePe Raises Rs 150 Crore From Parent Company
PhonePe has received Rs 150 crore from PhonePe Pvt Ltd, Singapore in funding, as per regulatory filings. PhonePe Pvt Ltd, Singapore (formerly Flipkart Payments Pvt...
Flipkart Co-founder Binny Bansal To Join PhonePe’s Board Of Directors
Flipkart co-founder Binny Bansal is set to join PhonePe’s board of directors. Bansal will be joining PhonePe co-founders Sameer Nigam and Rahul Chari and Rohit Bhagat on the...
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...
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...