Web2 days ago · In March, the company raised $200 million from Walmart. ET first reported on March 10 that Flipkart cofounder Binny Bansal was also in talks to invest $100-150 million in PhonePe, to be among the largest individual investments in a new-age firm. The investment is yet to be wired in, said one of the persons cited above. WebApr 12, 2024 · PhonePe's fundraising coincides with Paytm's devaluation by more than 50 per cent since going public in November 2024, the report noted. As of April 12, Paytm has a total market value of just over $5.2 billion. The funding comes after PhonePe announced its spin-off from e-commerce firm Flipkart in December.
Flipkart: PhonePe to become a separate entity as Flipkart board ...
WebMar 27, 2024 · ET reported last week that PhonePe raised Rs 743 crore from its Singapore registered parent entity PhonePe Payments, formerly known as Flipkart Payments. This … Web2 days ago · PhonePe raises another $100 million In January, the fintech startup had raised $350 million from General Atlantic as part of its $1 billion funding round. ... Flipkart. … dijagnoze sifre srbija
PhonePe launches hyperlocal shopping app with ONDC
WebDec 3, 2024 · PhonePe, the digital payments unit of Walmart’s Indian e-commerce arm Flipkart, said on Thursday it would sell a stake to existing investors for $700 million, helping it fuel growth in a... WebDec 23, 2024 · Indian e-commerce giant Flipkart acquired PhonePe in 2016 and moved the payments firm's entire base to the country from Singapore. Now, both companies have confirmed that Flipkart no longer owns a stake in PhonePe. Both companies have now announced the completion of the full ownership separation of PhonePe. WebJul 16, 2024 · PhonePe is a digital payment mode for online transactions in India founded by Sameer Nigam. The app operates around the Unified Payments Interface (UPI), regulated by the National Payments Corporation of India. The company was acquired by Flipkart in 2016, although it will function as a separate business unit. dijagnoze za beneficirani radni staž