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PHONEPE BHARATPE CASE
One soundbox soon for all payment apps as NPCI readies platformNPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multipl...
Insurance companies see a growth path in ecommerce, fintech embedded modelsEmbedded insurance is expanding in ecommerce and fintech, with payment and online retail platforms bundling protection for merchants. Start...
Ecommerce in slow lane; PhonePe-BharatPe truceHappy Monday! Online sales haven’t picked up during the final quarter of FY24, industry officials said. This and more in today’s ETtech Mor...
BharatPe, PhonePe settle long-standing trademark disputeBharatPe and PhonePe settle long-standing legal disputes over trademark 'Pe' suffix.
Supreme Court dismisses PhonePe's appeal over trademark dispute with DigiPe FintechSupreme Court dismissed PhonePe's appeal against DigiPe's trademark use. The court noted other companies with similar 'Pe' suffix. The ongo...
Processing charges a drag on fast-growing payments startupsDigital payment startups are facing rising payment processing charges despite revenue growth, impacting profitability. High operation costs...
ED probe likely for Paytm; BharatPe gets MCA noticeTroubled fintech Paytm faces a potential probe by the Enforcement Directorate after the central bank flagged concerns, sources told ET. Thi...
Tata to infuse $2 billion into super-app Neu; tech firms slashed over 1.5 lakh jobs this yearTata Group is planning to infuse another $2 billion into its super app venture Tata Neu, news agency Bloomberg reported, citing people fami...
Exclusive: Flipkart readies $700M Esop buyback; Noise eyes overseas marketsWalmart-owned Flipkart, known for regularly buying back employee stock options, is likely to execute the mother of all buybacks – a $700 mi...
Indian startup king Ashneer Grover loses luster after embezzlement accusationsWithin BharatPe, one of the country’s fastest-growing financial technology companies, a ferocious split has divided the startup’s board fro...
Kotak Mahindra Bank to take legal action against BharatPe’s Ashneer Grover in IPO financing matterBharatPe cofounder Ashneer Grover and his wife Madhuri Grover sent a legal notice to Kotak Mahindra Bank on October 31, 2021, for failing t...
Delhi HC sets aside BharatPe's petitions to cancel PhonePe's 'Pe' trademarkThe HC set aside the petitions citing another case of trademark infringement between the two firms pending before a separate bench of the s...
BharatPe moves Delhi HC seeking cancellation of PhonePe’s trademarks for ‘Pe’The latest development is another sign of growing tension between the two firms over the last few years over the usage of the word 'Pe'
PhonePe to file fresh suit against BharatPe over PostPe trademark issuePhonePe, India’s biggest UPI-based payments app owned by Walmart Inc., is withdrawing a petition filed in the same matter and filing a fres...
PhonePe's battle with BharatPe over suffix set for full trial in JulyPhonePe has claimed trademark rights over 'Pe' being used in company name in English as well as in Hindi – both in text and graphic descrip...
UPI starts growing after dip in AprilIn terms of value, UPI transactions in May stood at Rs 2.18 lakh crore, toppling March numbers of Rs 2.06 lakh crore.
Cure.fit settles out of court with Book Your GameThe company has settled the case by paying close to the deal value, says one of the sources.
PhonePe, BharatPe move to high court over ‘Pe’Both PhonePe and BharatPe are leading players on the Unified Payments Interface (UPI) platform.
UPI dominance heats up payments race for cardsUPI has clocked transactions worth Rs 4.4 lakh crore in April-June period of 2019 while for debit and credit cards, the figure stands at Rs...
Unified Payments Interface clocks 674 million transactions in February, continues growth momentumFebruary with 28 days has still managed to report a more than 10.9% average daily transaction growth, said NPCI.