phonepe

Ecommerce major Flipkart has posted doubledigit growth in sales and has improved its contribution profit in the January to March quarter, Walmart’s top leaders said during the earnings call of the company on Thursday.“In India, Flipkart had…

Sameer Nigam, cofounder and chief executive officer of the fintech PhonePe, has termed ex-ante (before the event) competition regulations “a bad idea”, saying that founders “opportunistically backing ex-ante regulations against others today…

The sudden exit of ZestMoney founders after its planned acquisition by PhonePe failed has compounded the challenges for the fintech startup with its already clogged lending taps likely to dry up.ZestMoney is clocking a fraction of the…

Gurgaon-based food-delivery company Zomato has gone live as a third-party Unified Payments Interface (UPI) application for some of its users. Meanwhile, Flipkart is also working on its UPI offering, according to sources. This and more in…

A day after ZestMoney’s three founders announced they would leave the troubled fintech firm, cofounder and CEO Lizzie Chapman announced that the startup’s vice president, finance, Mohit Chhajer, chief banking officer Mandar Satpute, and…

Troubled fintech startup ZestMoney will see its founders Lizzie Chapman, Priya Sharma and Ashish Anantharaman leave the company after its potential acquisition by PhonePe fell through in March, two sources in the know have told ET.“There…

Walmart president and chief executive officer Doug McMillon has said the performance of its payments company PhonePe has seen a significant upside, and if it chooses to enter the ecommerce business, it won't compete with sister company…

India's ecosystem of suppliers will help drive Walmart's goal of exporting goods worth $10 billion annually from the country by 2027, the company's President and CEO Doug McMillon said on Wednesday. Addressing Indian…

Simple to use and supported by the government, the Unified Payments Interface (UPI) has become the go-to payment option in the country. RBI governor, Shaktikanta Das underlined the significance of increasing the global footprint of online…

Finance Minister Nirmala Sitharaman said the GST Council is currently discussing a taxation policy for online gaming, adding that the sector would receive investments once the policy was finalised. This and more in today's ETtech Top 5.Also…