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PhonePe Group posts Rs 197 crore profit for FY24

The group has expanded into financial services (insurance, lending, wealth) as well as new consumer…

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India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030

India's e-commerce market is projected to cross USD 300 billion by 2030, driven by a growing digita…

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PhonePe raises another $100 million from General Atlantic

PhonePe secured an additional USD 100 million investment from General Atlantic, a leading global gr…

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PhonePe enters stock broking business with new platform offering curated collections

PhonePe has announced its foray into the stock broking arena through Share(dot)Market, a venture op…

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Walmart buys Tiger Global's residual Flipkart stake for $1.4 billion

Retail giant Walmart has reportedly paid $1.4 billion to acquire VC form Tiger Global's remaining s…

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PhonePe raises $100 million from Ribbit Capital, Tiger Global & TVS Capital Funds

PhonePe, a leading fintech company, has raised $100 million in new capital from Ribbit Capital, Tig…

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Flipkart and PhonePe complete separation six years after acquisition

Flipkart and PhonePe have announced that they are fully separated now, six years after the e-commer…

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PhonePe gets additional USD 100 million fund from General Atlantic

Decacorn fintech firm PhonePe has received an additional USD 100 million from General Atlantic duri…

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PhonePe moves domicile from Singapore to India

PhonePe moves domicile from Singapore to India

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WhatsApp Pay looks to accelerate growth in India with significant investments over next six months

According to Manesh Mahatme, Director-Payments, WhatsApp India, as the adoption of 'payments on …

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PhonePe sold a million two-wheeler insurance policies in less than 9 months

Digital payments platform PhonePe on Tuesday announced that it sold over a million two wheeler insu…

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Flipkart's Binny Bansal will be joining PhonePe’s board of directors

As PhonePe separates from the Walmart-oned Flipkart to become its own independent entity, Flipkart …

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Digital payments platform PhonePe to hire 2800 people by the end of this year

PhonePe is looking forward to expanding its workforce by hiring 2800 people by the end of this year…

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Lenskart and Mirae Asset Capital sign up with Razorpay for online transactions

Lenskart and Mirae Asset Capital have engaged with Razorpay for online transactions.According to a …

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FOMO out, scrutiny in: VC investments fall 77% in Q1 2023 says KPMG

VC investments in India have decreased in Q1 2023, down 77% to $2.1bn as investors became more disc…

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PhonePe will buy back shares worth ₹135 crore from its employees

The buyback offer follows a three-tier model, based on seniority, a statement said. The compa…

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PhonePe can now sell more insurance policies across companies and categories

Bengaluru-based digital payments company PhonePe will now be able to sell diverse insurance product…

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WhatsApp carried out only 17 million UPI transactions last fiscal, PhonePe was at 20 billion

Over 45 billion transactions were carried out through the unified payments interface (UPI) in the f…

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Startup fundraising hits an 8-month low in February, falls over 83% YoY

Startup funding by private equity and venture capital firms hit an eight-month low of $596 million …

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WhatsApp Pay to get several India-first features, including cashbacks, in the next six months

Although NPCI has increased the cap to 40 million users, it only amounts to 8% of WhatsApp’s tot…