Tag: PhonePe
The Rise of Digital Payments: India’s Path to a Cashless Future
According to a report by Redseer Consultants and Pine Labs, the digital payment ecosystem in India has witnessed significant growth in recent years, and...
Walmart CEO says India’s diverse supplier ecosystem is key to achieving the $10 billion export
Walmart's leadership, including President and CEO Doug McMillon and President and CEO of Walmart International Judith McKenna, met with a diverse group of suppliers,...
PhonePe Acquisition was Flipkart’s Best Business EVER
PhonePe gave Flipkart one of the best returns in history ever!
India has seen an increase in the use of digital payments in recent years...
Binny Bansal will invest around 150 million USD in PhonePe
Binny Bansal, a co-founder of Flipkart, is supposedly in talks to invest around $100 to $150 million in PhonePe. The deal, if it goes through,...
PhonePe revenue increases reached $234 million in the first 9Â months of 2022!
One of the most valuable Indian fintech startups, PhonePe, said in a filing that it generated $234.3 million in revenue in the first nine...
PhonePe raises $350 million at $12 billion evaluation in first installment becoming a latest decacorn
PhonePe, a Walmart-owned Indian digital payments app, has raised $350 million from US private equity firm General Atlantic at a pre-money valuation of $12...
Flipkart and PhonePe announce their official Separation
Flipkart and PhonePe have announced their separation six years after the e-commerce giant acquired the latter, according to a joint statement released on Friday....
Some Indian Policy Maker seems unhappy with the UPI market Dominance of PhonePe and Google Pay
The Unified Payments Interface (UPI), one of the Indian government's most successful programs, has made sending and receiving money quite simply. In the UPI...
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