Latest News on Phonepe
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Phonepe - Total results - 30
Nov 16, 2018
After Binny Bansal's exit, at least 20 executives at Flipkart may step down; Myntra-Jabong CEO Ananth Narayanan to continueBengaluru-based Myntra, which was bought by Flipkart in 2014, could also see a job cut of up to 500 people
Sep 28, 2018
Warren Buffett's Berkshire Hathaway invests $300 mn in Paytm; to hold 2.9% in Indian firmEarlier this month, reports said Warren Buffett's Berkshire Hathaway was set to invest about $300-350 million in Indian digital payments major Paytm, according to sources
Sep 21, 2018
Walmart offer: Flipkart employees to turn millionaires as US retail giant to buy ESOPs worth $800 mnLast December, Flipkart had bought back ESOPs worth over $100 million from over 3,000 current and former employees as well as its other units, such as Myntra, Jabong and PhonePe.
Aug 23, 2018
Google Tez might be renamed to Pay, merged under global framework of Google PayConsolidation of the Tez mobile wallet into Google Pay would allow UPI for app purchases on Play Store.
Jul 16, 2018
Amazon pumps Rs 230 cr into Amazon Pay; e-commerce major gears up to compete with PhonePe and PaytmAmazon has infused funding in its payments business in multiple tranches. It invested Rs 67 crore in May 2017, followed by another Rs 130 crore in July 2017
Jul 04, 2018
UPI payment transactions up 30% month-on-month in June to over 246 mn, says NPCI dataThe total value of these UPI transactions stood at Rs 40,834.03 crore in the month of June as compared to Rs 33,288.51 crore in the preceding month, NPCI said.
May 10, 2018
Walmart to pay $16 bn for Flipkart: CEO Doug McMillon says India is a priority market for US retail giantThe record deal will also give Walmart an opportunity to partner with the local leader in growing market, as the e-tailer's leadership team will be supported by investment and technology partners.
May 09, 2018
Walmart set to announce much-awaited $20-bn deal to buy Flipkart today: Key facts you should knowThe Walmart deal is likely to value Flipkart at roughly $18 billion to $20 billion.
Apr 20, 2018
Mobile wallet companies witness spike in digital transactions amidst cash shortage in ATMs and banksA PhonePe spokesperson said the current cash shortage has led to a further spike in digital transactions on its platform.
Apr 18, 2018
Cash crunch: Mobile wallet companies see spike in digital transactionsMobile wallet companies including Paytm, Mobikwik and Flipkart-owned PhonePe on Wednesday said they have seen a significant jump in digital transactions amid a recent currency shortage at ATMs and banks in some parts of the country