PhonePe announces acquisition of micro-entrepreneurs network GigIndia 

As part of the acquisition, GigIndia, which has 1.5 million entrepreneurs and over 100 enterprises as customers, will integrate with PhonePe.

published on : 21st March 2022

Walmart not keen to open retail stores in India; to focus on Flipkart, PhonePe

The retailer is focused on ensuring that it is seen as a "good partner" for the country and has attempted to demonstrate its culture to the government.

published on : 11th March 2022

APSRTC introduces online payment for cargo services

Aimed at reaching  more customers, the Andhra Pradesh State Road Transport Corporation (APSRTC) has introduced digital payment in its cargo services. 

published on : 25th January 2022

PhonePe crosses 350 million user-mark, up 28 per cent from January 2021

One in four Indians now use fintech platform PhonePe, as the company on Friday said that it crossed 350 million registered users.

published on : 8th January 2022

Processed over 1 billion merchant transactions in November 2021: PhonePe

The company also said it has digitised 25 million small merchants and kirana stores in the country.

published on : 13th December 2021

GPay, PhonePe eating up bank business, warns Uday Kotak

He said Indian bankers have been short-sighted on the payments business, leading to unified payments interface (UPI) payments being monopolised by the two major digital wallets.

published on : 4th December 2021

PhonePe announces ESOP buyback worth Rs 135 crore for employees

The company's founders will not be participating in the buyback, while the top leadership can sell up to 10 per cent of their vested stock, it added.

published on : 19th November 2021

Google Pay to roll out feature to ease digital payment experience

Kenghe highlighted that there is a need for the ecosystem to come together and invest in the infrastructure to ensure its robustness and security.

published on : 18th November 2021

PhonePe launches Pulse to offer data, insights on digital payments

With over 45 per cent market share, PhonePe's data is representative of the country's digital payment habits, the company said.

published on : 2nd September 2021

'Have my FOMO': PhonePe CEO Sameer Nigam in no hurry to launch IPO

Nigam said the five-year old company, which has more than 300 million users, said PhonePe had seen significant growth in its mutual funds and insurance offerings.

published on : 2nd September 2021

PhonePe gets insurance brokerage licence from IRDAI

Now, with this new ‘direct broking’ licence, PhonePe can distribute products from all insurance companies in India, the company said.

published on : 31st August 2021