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Tuesday, September 2, 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

India has 30 days to pull off fast reform. Hold crash meeting of Centre & state

In India, we are accustomed to glacial change. We love appointing Committees to ‘look into’ reform. Unfortunately for us, the rest of the world moves fast.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Real-time, all-climate’ explosives detector could enhance airport & border security—no dogs, no swabs

Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points. 

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.