According to the updated draft IPO papers filed last week, the contribution of payments to the Walmart-owned firm’s operating revenues decl...

PhonePe cofounders Sameer Nigam and Rahul Chari sold shares worth Rs 3,937 crore ($430 million) to US private equity firm General Atlantic ...

Walmart, the world's biggest retailer, said its digital payments firm PhonePe has a total payment value (TPV) of $1.3 trillion, equalling s...

Since January, PhonePe has raised $850 million via five deals, including with private equity firms General Atlantic, Ribbit Capital and Tig...

Cofounders to receive $20-25 m each by liquidating stock options in erstwhile parent

Investors of PhonePe had to pay Rs 8,000 crore in taxes to the Indian government after it shifted its domicile from Singapore to India in O...

While the primary fundraising is estimated to be $1 billion in size, a secondary share sale will take the total financing to a range of $1....

Hive-off comes on the back of PhonePe’s funding round of $1.5-2 billion at a valuation of $12 billion

Six years after Flipkart acquired PhonePe in 2016, the two companies announced today they are going their separate ways, having concluded a...

PhonePe, Affle and others hold informal talks for a settlement to put an end to the year-long legal battle.

The company operates app store 'Indus App Bazaar', which comprises over four lakh apps accessible in English and 12 Indian languages -- Hin...

Flipkart had announced the partial spin-off of PhonePe, as the digital payment firm had raised $700 million in funding, valuing it at $5.5 ...

PhonePe currently has over 250 million registered users, making it one of the most used digital payment apps in India amid an increasingly ...

The retail giant takes its stake to 10% as Flipkart spins off its payment arm at $5.5 billion post-money valuation.

Flipkart co-founder Binny Bansal will join PhonePe's board of directors, along with the fintech company's co-founders Sameer Nigam and Rahu...

This is the first time Phone-Pe’s valuation is being put out formally amid talks of its fundraise.

Payments company looking to raise up to $1 billion in external capital; it’s not clear how much Flipkart will divest.