Given its revenue growth trajectory and progress towards profitability, the Walmart-backed digital payments major feels this is a good time...

Increasing number of large startups across sectors looking to shift from US, Singapore

The valuation of the ecommerce firm declined to $35 billion as of January 31, 2024, from $40 billion in the financial year ended on January...

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...

Walmart Inc-owned Indian payments firm PhonePe on Monday said that it has secured an additional $100 million from private equity firm Gener...

“There was a town hall held on Monday by the management where the founders informed the rest of the team that they are leaving the company,...

The Walmart-owned digital payments major is looking to strike a commercial agreement and may pay $8 million to ZestMoney for the licensing ...

According to sources privy to the developments, lapses in due diligence, disagreements over valuation, sustainability of the business and s...

The round is being raised at a pre-money valuation of $12 billion, making PhonePe the most valuable fintech in the country, surpassing paym...

Flipkart's chief people officer Krishna Raghavan said the company wants to be “prudent” in managing its resources amid tough macroeconomic ...

Walmart International, which includes Flipkart, reported net sales of $27.6 billion for the quarter under review, a growth of little over 2...

Here is a list of startups that received funds this week.

The fintech startup in January had raised $350 million from General Atlantic; plans $1-billion primary fundraise.

A quick look at this week's most important investments in the tech and startup space.

Both PhonePe and BharatPe are leading players on the Unified Payments Interface (UPI) platform.

PhonePe, which recently crossed 3-billion-transactions landmark on its platform, is believed to be looking at a valuation in the range of $...