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Flipkart and PhonePe growing so fast there is room for more investors
Indian e-commerce firm Flipkart and digital payments business PhonePe have room for other investors and could raise money in several ways. Read more…
PhonePe
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Flipkart’s digital payment arm PhonePe selling $700m stake to fuel growth
PhonePe, the digital payments unit of Walmart’s Indian e-commerce arm Flipkart, said it would sell a stake for $700m, helping it fuel growth. Read more…
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Walmart-backed PhonePe pips Google Pay to become India’s leading UPI
Walmart-backed PhonePe has pipped Google Pay for the first time to become India’s leading Unified Payments Interface (UPI). Read more…
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Facebook’s $5.7 billion investment in Reliance a big headache for Paytm
Facebook’s $5.7 billion investment in Reliance promises to be the biggest headache yet for Paytm, a SoftBank-backed pioneer Read more…