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PHONEPE PVT LTD
Flipkart marketplace arm gets $90 million cash infusionThis is the first cash infusion in Flipkart's marketplace arm in 2023. The resolution to infuse new capital was approved on December 29, 20...10 Jan, 2023, 08.30 PM IST- Govt may land $1 billion in taxes from PhonePe’s India shift, new raiseThis is due a long-term capital gains tax payout that will be made to the government as PhonePe is raising fresh capital from investors at ...05 Jan, 2023, 12.43 PM IST
- PhonePe separation official; online payments firm to be India-domiciled nowHive-off comes on the back of PhonePe’s funding round of $1.5-2 billion at a valuation of $12 billion24 Dec, 2022, 12.29 PM IST
- Flipkart and PhonePe separate; deal to bring windfall for Flipkart employeesSix years after Flipkart acquired PhonePe in 2016, the two companies announced today they are going their separate ways, having concluded a...23 Dec, 2022, 08.08 PM IST
- PhonePe's revenue jumps 138%, losses narrow marginallyOverall losses, excluding Employee Stock Ownership Plan (Esop) costs, narrowed marginally to Rs 827 crore in the same period.18 Oct, 2022, 09.23 PM IST
- PhonePe shifts headquarters from Singapore to IndiaThe fintech firm has moved businesses and subsidiaries of PhonePe Singapore, including its insurance broking services and wealth broking se...03 Oct, 2022, 07.56 PM IST
- Walmart buys way into India wealth management to take on AmazonPhonePe will buy WealthDesk for about $50 million and OpenQ for nearly $25 million, two sources directly aware of the matter said on Tuesda...18 May, 2022, 10.23 AM IST
- 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...12 Nov, 2021, 10.39 PM IST
- 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'26 Oct, 2021, 04.46 PM IST
- Processing about 1.5 billion transactions a month: PhonePePhonePe co-founder and Chief Technology Officer Rahul Chari said while demonetisation was a catalyst for digital transactions, the company ...26 Aug, 2021, 10.04 PM IST
- PhonePe secures Rs 150 crore from majority stakeholder FlipkartPhonePe currently has over 250 million registered users, making it one of the most used digital payment apps in India amid an increasingly ...15 Dec, 2020, 05.15 AM IST
- Flipkart partially spins off PhonePe, Binny Bansal to join board of fintech companyFlipkart co-founder Binny Bansal will join PhonePe's board of directors, along with the fintech company's co-founders Sameer Nigam and Rahu...03 Dec, 2020, 11.55 PM IST
- RBI imposes over Rs 5.78 crore fine on six entities including PNB, Sodexo, PhonePeSodexo is slapped with the highest fine of Rs 2 crore; PNB and QwikCilver Solutions Rs 1 crore each; PhonePe Rs 1.39 crore; Muthoot Vehicle...20 Nov, 2020, 10.04 PM IST
- Flipkart invests $90 million more in marketplace, PhonePe platformThe funding for PhonePe comes at a time when the payments company is up against WhatsApp Pay, which is preparing to go live to a wider set ...28 Apr, 2020, 08.05 AM IST
- Flipkart-owned PhonePe receives Rs 585.6 cr infusion from parent firmPhonePe has seen its losses mount to Rs 1,904.72 crore in 2018-19 from a loss of Rs 791.03 crore for the year ended March 2018. However, it...11 Dec, 2019, 11.53 AM IST
- Walmart got a $10 billion surprise after buying FlipkartA payment business Walmart got as part of the deal is now emerging as one of India's top startups.10 Jul, 2019, 04.48 PM IST
- PhonePe gets Rs 743 crore fresh funds from parent companyPhonePe which leverages Unified Payments Interface in partnership with Yes Bank is entangled in stiff competition with Paytm and Google Pay.23 Mar, 2019, 09.41 AM IST
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