Page 3 of phonepe

walmart,phonepe,flipkart,national payments corporation of india,phonepe funding

Flipkart delivers double-digit growth, PhonePe impressive: Walmart

Walmart has revised expectations for its full-year consolidated net sales to about 4-4.5%.

August 18, 2023 03:30 IST

msme, phonepe, msme payment, technology, digital payments in India, India, business news, msme news, small business, phonepe payment, phonepe machine, payment machine

PhonePe’s new POS device can accept payments from UPI, debit cards, and credit cards

Technology for MSMEs: The new PhonePe POS device is built on the Android system and will have a touchscreen, along…

July 6, 2023 17:14 IST

phonepe, paytm, payment gateway, msmes, merchants, small businesses, payment gateway fee, payment gateway transaction fee, phonepe merchants

PhonePe launches payment gateway with zero setup, annual maintenance fee for MSME merchants

Ease of doing business for MSMEs: According to the company, the free services could help merchants — who have a…

June 14, 2023 20:19 IST

phonepe, aggregator service, fintech, rbi

PhonePe launches account aggregator service, allowing app users to share financial data

The company launched it through its wholly-owned subsidiary PhonePe Technology Services.

Updated: June 7, 2023 07:13 IST

PhonePe, walmart, walmart shareholding in PhonePe

Walmart shareholding in PhonePe drops to 85 per cent

Till April 30, the Walmart group firm has raised USD 750 million, including USD 200 million capital infusion from Walmart.

June 4, 2023 14:40 IST

PhonePe raises additional $100 million investment from General Atlantic

With this fundraising, General Atlantic and its co-investors have contributed USD 550 million in the ongoing USD 1 billion funding…

Updated: May 22, 2023 16:05 IST

ZestMoney deal failure rings alarm bells for BNPL players

PhonePe pulling the plug on the ZestMoney deal has sent a bunch of fintech players, especially in the buy-now-pay-later (BNPL)…

April 15, 2023 03:30 IST

PhonePe raises additional $100 mn from General Atlantic

With the latest capital infusion, PhonePe’s total fundraising has touched $750 million in just three months despite the ongoing funding…

April 13, 2023 02:50 IST

phonepe, funding, pre-money valuation, investment, equity firm, General Atlantic, new business, UPI payments

PhonePe gets additional USD 100 million fund from General Atlantic

“PhonePe confirms a USD 100 million additional tranche of investment from General Atlantic, a leading global growth equity firm, and…

April 12, 2023 16:45 IST

Zestmoney to trim workforce by 20% after failed PhonePe acquisition

Zestmoney will be paying outgoing employees one month of salary as severance and will also extend other benefits like insurance,…

April 8, 2023 00:15 IST

phonepe, upi payment, sameer nigam, phonepe founder ceo, phonepe founder

We are looking to get an NBFC licence to test some new-to-credit models: PhonePe CEO Sameer Nigam

‘The interchange on those applied by UPI is 1.1%, to be paid by the acquirer to the issuer.’

April 5, 2023 05:30 IST

phonepe, launch, local commerce, pincode, ONDC, transactions, shopping app, consumer app

PhonePe forays into local commerce with Pincode app on ONDC network

PhonePe Founder and CEO Sameer Nigam that the Pincode app will be available initially in Bangalore and it will expand…

April 4, 2023 15:23 IST

PhonePe gets another $200 mn as part of ongoing $1 billion round

Move comes at a time when the Indian startups are struggling to raise fresh capital from investors.

Updated: March 18, 2023 09:35 IST

phonepe, funding, walmart, digital payments, valuation, majority investor, shareholder

Phonepe raises $200 million from Walmart, valued at $12 billion; Walmart to continue holding majority stake

The funding is part of the ongoing fundraise of up to $1 billion, following its shift to India from Singapore…

March 17, 2023 11:26 IST

Google Pay ramps up tech infra to stem loss in market share

Digital payment application Google Pay is ramping up investments in its technology infrastructure to reduce payment failures on its platform…

Updated: February 17, 2023 07:12 IST

PhonePe raises $100 million in additional funding

The company expects further investments from leading global as well as prominent high net worth Indian investors in due course.

February 15, 2023 01:30 IST

PhonePe is now India’s most valuable, raises $350 million

The fundraiser follows PhonePe’s recently announced change of domicile to India and full separation from Flipkart.

January 20, 2023 03:15 IST

PhonePe raises $350 million at $12 billion valuation

Funding rounds backed by venture capital firms have slowed down, with Indian startups having raised a third lesser last year…

Updated: January 19, 2023 12:16 IST

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Tata Capital IPO price band at 55% discount to unlisted market

Market2 hr ago

Tata Capital’s upcoming IPO has a price band of Rs 310-326 per share, much lower than its current unlisted market price of Rs 735-765. It is also 5-10% lower than the rights issue price of Rs 343 per share. The IPO is expected to raise Rs 15,512 crore and market analysts are optimistic about its success.

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