Sunday, Feb 05, 2023 | Last Update : 06:55 PM IST


PhonePe gets IRDAI license to serve as direct insurance broker

Last year, PhonePe entered insurtech sector with a limited insurance 'corporate agent' license

30 Aug 2021 1:24 PM

Almost broke? Get thrifty or get aboard KhaaliJeb's youth-focused discount programme

Payments app KhaaliJeb’s ‘Verify by KhaaliJeb’ helps businesses identify genuine student customers and run discount campaigns for them.

22 Aug 2020 8:02 PM

PhonePe seeks to increase user base with new insurance and mutual funds products

The Flipkart company hopes to become India’s most comprehensive financial services platform.

17 Aug 2020 7:53 PM

Walmart infuses Flipkart with Rs 9,000 crore funding to stay ahead as JioMart makes strides

The fresh equity round values Flipkart, where Walmart acquired a majority stake for USD 16 billion two years ago, at USD 24.9 billion.

14 Jul 2020 7:33 PM

Soon expected to launch in India, WhatsApp payments become available in Brazil

Stalled by regulatory hurdles, plans are afoot to integrate WhatsApp services with JioMart to take on rivals Paytm, PhonePe and Google Pay.

16 Jun 2020 5:11 PM


In 30 days of lockdown, online payments dropped by 30 per cent, says Razorpay

This is due to drop in transactions in travel, logistics and real estate, but adoption of digital payments has grown in tier II, III cities.

24 Apr 2020 7:50 PM

PhonePe launches first-of-its-kind keyboard for users

The user-friendly innovation makes transactions extremely simple.

30 Apr 2019 12:00 PM

PhonePe crosses 2 billion transaction mark

PhonePe has achieved annual run-rate of USD 70 billion on transactions from its platform.

15 Apr 2019 6:33 PM

Payswiff partners PhonePe for merchant payments

PhonePe will be available as a payment option on Payswiff’s POS/mPOS terminals across the merchant base.

05 Apr 2019 11:14 AM

Bhim may arrest slide in market share

In February 2017, Bhim app had close to 50 per cent market share of the UPI transactions.

27 Mar 2019 1:21 AM


WhatsApp ready with system to comply with RBI’s norms

In April, the Reserve Bank of India (RBI) came out with a circular regarding data localisation policy for payment system providers.

10 Oct 2018 12:35 AM

Foodpanda, PhonePe partner to strengthen digital payment portfolio

Through the partnership, consumers will be able to choose from several payment options.

24 Apr 2018 4:25 PM

Amazon invests Rs 260 crore into payments arm as e-commerce battle rages

The infusion to Amazon Pay comes days after Amazon increased the authorised capital for its payments arm to Rs 2,000 crore.

20 Oct 2017 1:47 PM

Flipkart commits $500 mn investment in payments arm PhonePe

Commitment is in addition to USD 75 million infused by Flipkart in PhonePe since the acquisition in 2015.

12 Oct 2017 1:24 PM

Paytm to raise Rs 12K crore to become a $9 billion firm

Fresh round of fund raising by Paytm is seen as single largest funding in India's digital commerce segment.

28 Apr 2017 11:08 AM


Flipkart to invest in businesses like PhonePe

Flipkart Co Founder and CEO believes that opportunities are definitely there on the payment side becoming a business on its own.

12 Apr 2017 2:09 PM

Flipkart to invest fresh funds on business like PhonePe

Flipkart co-founder and CEO Binny Bansal says there was a huge opportunity in online money transfer segment.

12 Apr 2017 11:11 AM