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IPO-bound PhonePe set to hire Amit Doshi as CMORohan Misra, son of former SoftBank Vision Fund chief executive Rajeev Misra, is launching his own fund, Gravity Holdings. The London-based...
PhonePe enters quick commerceThe Walmart-backed company becomes the first payments firm to enter the quick commerce market, targeting rapid delivery growth.
PhonePe sharpens quick commerce play in first for a payments companyWalmart-backed PhonePe is poised to enter the quick commerce market, driven by growth prospects in the red-hot sector and its impending pub...
PhonePe’s Pincode exits non-food categories in ecommerce business rejigPhonePe is restructuring its ONDC strategy by exiting several non-food categories. The Walmart-owned company unveiled its ecommerce venture...
PhonePe retreats from ecommerce on ONDC; Good Glamm versus IANPhonePe has returned to the drawing board to review its ecommerce strategy. This and more in today’s ETtech Top 5.
PhonePe poured bulk of Rs 800 crore investments into insurance businessThe infusion of Rs 426 crore to PhonePe Insurance Broking Services points to the payment company's bullish bet on the segment. PhonePe has ...
Magicpin integrates Domino's Pizza with ONDCMagicpin had recently touched 50,000 food orders in a single day under ONDC umbrella, largest aggregator/supplier on ONDC network.
PhonePe targets more merchant revenue from payment gateway businessAfter person-to-person and QR-code-based payments, PhonePe wants a slice of the online commerce market where its rivals are absent currentl...
Magicpin food delivery order doubles to 10 lakh on ONDC during World CupMagicpin said that it delivered 35,000 food orders during the India versus Pakistan match on October 14. The orders peaked at 50,000 on a s...
PhonePe crosses 500 million registered users, alters top deckThe digital payments major has elevated a bunch of its business heads to the position of CEO for each of the business verticals
Magicpin completes 1,000 orders of tomatoes at Rs 70/kg within two daysOffline fashion discovery and savings platform Magicpin has delivered over 1000 orders of tomatoes at Rs 70 per kg across 90 pincodes acros...
Delhi pips Bengaluru in ONDC retail orders in betaONDC had gone beta live on July 5 in Mumbai, Delhi NCR (including Noida, Gurgaon and Faridabad), Chennai, Hyderabad and Kolkata post scalin...
PhonePe's Pincode goes live in ten citiesConsumers in these cities will now be able to purchase groceries and order food from their local shops and restaurants on Pincode.
Magicpin reports 100% growth in daily orders on ONDC networkMagicpin, discovery and discount platform for offline and physical retail has reported 100% growth in daily orders on the ONDC network week...
How PhonePe is enabling digital payments for a host of small and medium merchants in IndiaFintech player PhonePe’s recent add ons – SmartSpeakers and Pincode – are driving digital inclusion by making it easier for small merchants...
Magicpin scales up to 10,000 orders per day on ONDC networkMagicpin had in early April announced that it had on-boarded over 25,000 food merchants from its network of local restaurants while making ...
Razorpay announces integration with government-backed ONDCThe Bengaluru-based payments solution startup said it will provide payment reconciliation services to network participants such as buyers, ...
ONDC to evaluate etailers based on commitment, says CEO Thampy KoshyIn April 2022, the network piloted a soft launch in five cities - Bengaluru, Delhi NCR, Shillong, Bhopal and Coimbatore. Since then, ONDC h...
PhonePe's ecommerce app Pincode live on ONDC networkThe company launched Pincode – a hyperlocal ecommerce platform that enables online commerce between local offline stores and customers in t...
PhonePe’s ecommerce app Pincode goes live; funding in Indian startups may temporarily pause: RBIFintech major PhonePe has thrown its hat in the Open Network for Digital Commerce (ONDC) ring by announcing the launch of its ecommerce app...