Flipkart Splits PhonePe In a Separate Unit, Latter to Raise $700 Mn at $5.5 Bn Valuation

The Flipkart board has taken this decision to allow PhonePe to access dedicated capital to fund its long-term ambitions over the next three to four years

Shipra Singh

WhatsApp Pay To Start UPI-based Payments in India and What it Means For Other Payments Players

NPCI has allowed the messaging app to roll out the facility with only 20 million users initially

Shipra Singh

UPI Crosses 2 Bn Transactions, But Why has BHIM Taken a Beating

BHIM accounted for 46.6 per cent of all UPI transactions by volume in July 2017, but this has sharply declined to a paltry 1.06 per cent in July 2020

Shipra Singh

Flipkart Joins Hands with PhonePe's Rival Paytm for Big Billion Days Sale

This collaboration will facilitate Paytm users to easily pay through their Paytm Wallet and Paytm UPI while shopping on Flipkart during the Big Billion Days sale

PhonePe Expands its Mutual Funds Offering by Adding 7 New Categories

The new added categories include large cap funds, mid and small cap funds, diversified funds, index funds, hybrid - aggressive and dynamic asset allocation, debt funds, liquid and tax saving funds

Shipra Singh

Future of Cash: Impact of Covid-19 on Payments

Cashless payments could become a permanent fixture in the economic exchange ecosystem hereafter