[Funding Alert] PhonePe Bags $100 mn in Additional Funding at $12 bn Valuation
PhonePe has raised another $100 million in primary capital from new investors Ribbit Capital and TVS Capital Funds with participation from existing…
Flipkart Pay Later' now available on PhonePe
PhonePe, India’s leading digital payments platform, and Flipkart, India’s homegrown e-commerce marketplace, has announced the launch of Flipkart’s…
Walmart B2B Cash & Carry Business Supports Kirana Members with PhonePe's Secure Payment Options
Walmart India, a wholly-owned subsidiary of Walmart Inc., and PhonePe, one of India's fastest growing payments platforms, has announced that they…
UPI transactions fall 4% on round tripping curbs, PhonePe beats Paytm to claim Ist spot
The use of country’s revolutionary peer-to-peer digital payments service, Unified Payments Interface (UPI) has surged upto 235.6 million…
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Amazon pumped Rs 230 crore into India wallet
Global e-commerce company Amazon has invested an additional Rs 230 crore into its wallet Amazon Pay in India, as per filings with the Registrar of…
E-wallet company PhonePe registers 100 mn users
New Delhi: Bengaluru-based digital payments firm, PhonePe claims to have crossed 100 million users on its app as it processed annualised total…
Flipkart-owned PhonePe Registers 42.4 million transfers Through UPI
Flipkart-owned payments instrument PhonePe has clocked 42.4 million transactions on Unified Payments Interface in April, said the company in a note…
Payments platform PhonePe looks to double its team
Payment platform PhonePe is planning to double its headcount this year into its technology and business teams, as well as other functions. The…
PhonePe launches new bill payment app
PhonePe, fast growing digital payments app has partnered with Visa, a leader in digital payments to provide a seamless payment experience to PhonePe…
Phonepe Launches App-In-App Platform With redBus
Payments platform PhonePe on Wednesday announced a strategic partnership with online bus ticket booking service, redBus. As a part of the…
PhonePe And FreeCharge Join Hands To Allow Customer Access To PhonePe Merchants
Flipkart promoted payments entity PhonePe has partnered with mobile wallet company FreeCharge to enable its existing 45 million users to link their…
Flipkart-owned PhonePe clocks USD 2.5 bn runrate in July
Flipkart-owned digital payments company PhonePe today said it has achieved an annual run rate of USD 2.5 billion in the total payment volume (TPV)…
PhonePe gives a boost to UPI during Flipkart’s Big 10 sale
Digital payments platform, PhonePe has processed over one million transactions through UPI during the five day sale on Flipkart, which closed on…
Flipkart to invest large sum of money raised through latest funding in new businesses like PhonePe
E-commerce platform, Flipkart has announced that it plans to invest major part of money raised from latest deals, in new businesses such as PhonePe…
PhonePe to independently raise USD500 million
Flipkart-owned PhonePe is in the process of raising capital independently at a USD500-million valuation, sources have revealed this, also signaling…
ICICI Bank allows customers to make UPI transactions through Flipkart's PhonePe
After a much-public spat between Flipkart-owned mobile wallet company PhonePe and ICICI Bank, the bank has now allowed its customers to make UPI…