All Strange Things About India and world
PhonePe plans to deploy these funds to build and scale new businesses.Bengaluru: Indian digital payments firm PhonePe said today it has raised $200 million from majority backer Walmart Inc at…
This puts PhonePe at a pre-money valuation of $12 billion.New Delhi: Fintech firm PhonePe has raised another $100 million (about Rs 828 crore) in primary capital from new investors Ribbit…
Private equity firms Accel and Tiger Global, two early backers of Indian e-commerce firm Flipkart, are in talks to sell their remaining stake in the company to parent Walmart for…
PhonePe plans to use the proceeds in infrastructure and new businesses. (File)Bengaluru: Walmart-owned Indian digital payments app PhonePe said on Thursday it has raised $350 million at a valuation of…
Walmart late on Wednesday confirmed that it had already paid the Indian government most of the nearly $1 billion (roughly Rs. 8,300 crore) in tax owed after digital payments company…
Flipkart and PhonePe announced last week that they have completed their separation. (File)New Delhi: E-commerce giant Flipkart has planned to award a one-time payout of $700 million to its employees.…
Flipkart and PhonePe have completed their separation and both entities will continue to operate under US-based retail giant Walmart, a joint statement said on Friday. PhonePe was acquired by Flipkart…
The National Payments Corporation of India (NPCI) on Friday extended the deadline for third party UPI players to meet its 30 percent volume cap in digital payment transactions by two…
UPI facilitates peer-to-peer online money transfers through mobile apps.(File)Mumbai: India has decided to extend the deadline on capping the share of digital payment transactions by about two years to Dec…
National Payments Corporation of India (NPCI), which runs the UPI digital pipeline, is in talks with the Reserve Bank on implementation of its proposed December 31 deadline for limiting the…