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Flipkart-owned PhonePe to digitise 25 mn small merchants in India

Flipkart-owned PhonePe on Monday said it will enable digital payments for over 25 million small merchants across India in the next one year. The company will also onboard these 'kiranas' on its 'PhonePe for Business' app, offering them end-to-end...

foodpanda, PhonePe partner to strengthen digital payment portfolio

Online marketplace for food delivery foodpanda on Tuesday announced its partnership with PhonePe to enable seamless digital payments for all its users. According to a ANI report: Through the partnership, consumers will be able to choose from several payment options...

Flipkart rejigs top brass, Binny Bansal appointed Group CEO

Leading e-tailer Flipkart on Monday formed a group with its subsidiaries Myntra-Jabong and PhonePe and made co-founder Binny Bansal its Chief Executive Officer (CEO). "In the new structure, Kalyan Krishnamurthy is Flipkart's CEO, Ananth Narayanan Myntra's CEO and Sameer Nigam...

Flipkart crosses 100 million registered customer milestone

Homegrown e-tailer Flipkart has crossed the 100-million registered users mark, becoming the first e-commerce company in the country to hit the milestone. The Bengaluru-based company has doubled its user base over the last year and added 25 million users...

Flipkart’s PhonePe launches UPI-based app

Mobile payments start-up PhonePe Internet Pvt. Ltd, owned by Flipkart, in partnership with private lender Yes Bank has recently launched unified payments interface (UPI) based payments app. PhonePe allows users to link their bank accounts securely to their smartphone using...

Flipkart acquires payments venture PhonePe

The e-commerce site Flipkart has bought mobile payments venture PhonePe. However, the value of transaction is yet to be ascertained. PhonePe was started in December last by former Flipkart employees, Sameer Nigam and Rahul Chari. At present, there are 15...
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