PhonePe

Exclusive: PhonePe Raises ₹5,000 Crore At A Valuation of ₹45,000 Crore

The digital payment company PhonePe has raised Rs 5,000 crore (approx $690 million) in a fresh round of funding. After the new round of investment, the company is now valued Rs 45,000 crore (post-money valuation) that will...

Paytm Lawsuit Impact: TRAI Slaps Fine On Jio, Airtel, BSNL And Other Telcom Operators

The emergence of e-wallets brought along with itself a big uprise in notorious phishing scammers who prey on unsuspecting consumers by pretending to be KYC execs, support personnel and so on. This is why,...

Can WhatsApp Pay Give PhonePe And Google Pay Run For Their Money?

The popular instant messaging platform WhatsApp’s newest offering WhatsApp Pay, which is a UPI-based payments app, is all set to officially roll out in India very soon. The two bankers who are familiar with the development, have...

PhonePe IPO: Eyes On 2023 But Will It Become A Reality?

The entire digital payments industry in India has been going through a bit of a rough patch since the very beginning of 2020. Starting from the transaction fee of payment firms for UPI and RuPay being slashed...

PhonePe Net Loss by Year: FY 2016 – 2019

The above graph represents the PhonePe net loss by year, starting from fiscal 2016 to the recently completed year. Walmart-owned digital payment startup...

Growth in PhonePe Revenue By Year: FY 2016 – 2019

The above graph represents the growth in PhonePe revenue by year, starting from the fiscal year 2016 to the recently completed year. The...

The Number of UPI Transactions Plunged Significantly For The First Time Ever!

Since its inception in India, the Unified Payments Interface, aka UPI, has seen an unimaginable amount of scale and speed in terms of growth and adoption. As many as 148 Indian banks currently live on the UPI...

Fintech Startups Hit By Outages Post Yes Bank’s Moratorium

As the central bank placed Yes Bank under moratorium till April 3rd, several startups including the digital payment firms PhonePe and BharatPe, which relied on Yes Bank as their banking partner seemed to face outages. It has...

PhonePe Is Betting Big On The New Facility To Woo Smartphone Users And Merchants

The popular digital payments app PhonePe has recently been reported to launch a feature which is bound to solve their user’s cash crunch issues. The top executives at Walmart are betting big on PhonPe to climb to...

Paytm And PhonePe Will Spend Jaw-Dropping Amount On Marketing Efforts In 2020

It has recently been reported that Paytm and PhonePe which are leading digital payment companies of India have combined allocated a humongous sum of Rs. 2000 crores to spend on marketing in the year 2020. The top...

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Snapchat Spotlight: A New Way for Creators to Earn Money

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COVID-19 Unemployment Leading To Ageing Indian Workforce, CMIE Reports

The latest data shared by the CMIE aka Centre for Monitoring Indian Economy has highlighted a huge red flag.

The Slip-Ups Keep On Coming: WhatsApp Web Users’ Mobile Data Leaked On Google

As the developments have unfolded over the past week, the clock for WhatsApp seems to be ticking with every passing minute and...

Trump Administration Has Landed Its Final Blow On Chinese Companies: Xiaomi Blacklisted!

In its recent move to safeguard national security, the United States’ Trump Administration has decided to go after China’s second-biggest smartphone marker...

Huawei Is Gunning For Acquiring A Fifth Of Android’s Userbase With Its Own HarmonyOS!

After Google’s ban on Huawei in 2019, the Chinese-origin tech company is all set to roll out HarmonyOS later in 2021 as...