phonepe

Fintech major PhonePe has thrown its hat in the Open Network for Digital Commerce (ONDC) ring by announcing the launch of its ecommerce app Pincode, built on top of the government-backed platform. This and more in today’s ETtech Top 5.Also…

Walmart-owned fintech major PhonePe, which formally separated from its parent entity Flipkart earlier this year, on Tuesday announced the launch of its ecommerce consumer app Pincode, built on the government’s Open Network for Digital…

Hi Digbijay here in Bengaluru. Last month, I was in Mumbai and visited the offices of the newest ecommerce challenger in India –Tata Digital-- which runs the superapp Neu. If you’ve been reading our coverage of one of Tata’s most ambitious…

Amid the ongoing funding winter, investment in Indian startups managed to cross the $1 billion dollar mark in March, on the back of late-stage funding in eyewear seller Lenskart and Walmart-owned fintech PhonePe. The total funding for…

PhonePe has walked away from buying cash-strapped buy-now-pay-later (BNPL) startup ZestMoney amid due diligence concerns, per multiple people in the know. After breaking the story on Thursday morning, we get you details on what led to the…

After months of running due diligence, PhonePe, one of India’s leading fintechs and the biggest player in the UPI market, has turned on its heels and walked away from a potential deal with cash-strapped buy-now-pay-later (BNPL) player…

The Indian startup ecosystem saw a jump in funding for the period between March 11 and March 17, 2023, compared to last year at the same time, largely due to late-stage investments in omni-channel eyewear company Lenskart and Walmart-owned…

Happy Friday. After its hive-off from Flipkart, digital payments firm PhonePe's fundraising continues. Today, the company said it has added another $200 million from its parent Walmart as part of its ongoing funding round. This and more in…

Digital payments major, PhonePe on Friday said it has picked up an additional $200 million in primary capital from its parent Walmart. The fund infusion is part of its ongoing $1 billion financing round. The round is being raised at a…

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