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Tuesday, September 30, 2025
TopicPhonePe

Topic: PhonePe

Adani Group plans e-commerce, digital payments ventures, reports FT

It aims to enter India's burgeoning digital payments market and compete with incumbents Google Pay and Walmart-backed PhonePe.

Paytm shares rise by 5% as NPCI allows digital payments through third-party apps

The license, granted by the country's payments authority, came as Paytm Payments Bank will cease to operate on 15 March, following regulatory action due to non-compliance with certain norms.

Walmart paid most of $1 billion tax for PhonePe shifting base to India

Walmart bought a controlling stake in Flipkart in 2018, giving it ownership of PhonePe. The company said last month it would remain a majority stakeholder in both the companies.

PhonePe in talks to raise funds at $12 billion valuation led by General Atlantic

General Atlantic is likely to lead the round with an investment of $450- $500 million, making PhonePe the most valuable Indian financial tech firm, surpassing Razorpay and Paytm.

PhonePe Vs BharatPe — No exclusivity on ‘Pe’, spell it right or wrong

The Delhi High Court has rejected PhonePe’s plea to issue an injunction order against BharatPe for using ‘Pe’ in its name.

Yes Bank meltdown takes out PhonePe payments app

PhonePe, India’s leading digital payments provider with more than 175 million users, is the largest of a plethora of local start-ups that relied on Yes Bank.

Paytm, PhonePe, Amazon, Google help push UPI payments past 1 billion transactions

UPI has now surpassed 100 million users, thanks to booming smartphone use and wireless data rates among the lowest in the world.

PhonePe spinoff could give India two unicorns at a combined value of upto $ 30 billion

PhonePe preparing to fly solo is a sign of India’s maturing digital sector, and a step that could put India back on the global technology map.

PhonePe – the $10 billion bonanza Walmart got after buying Flipkart

Walmart got PhonePe as a surprise when it acquired Flipkart last year. It has now grown into one of India’s leading digital payments companies.

On Camera

Jana Sangh leader VK Malhotra brought Advani to Delhi, kept the party afloat after 1984 setback

Unlike his colleagues from the time of the BJS, several of whom became governors and held other constitutional posts, Malhotra chose to lead a quiet and simple retired life after the massive 2014 victory of the BJP.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

In Nepal, young dreams of serving in Indian Army crash as Agnipath halts a centuries-old tradition

Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.