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Flipkart and PhonePe complete separation
TechCrunch· 1 year agoIndian e-commerce giant Flipkart no longer owns a stake in payments firm PhonePe. The two said on Friday that they have completed a full ownership...
India's Flipkart readies quick-commerce play
TechCrunch· 2 months agoThe Indian e-commerce giant Flipkart is planning to enter the quick-commerce business, aimed at providing customers with the convenience of receiving...
Flipkart makes $700 million payout to employees following PhonePe split
TechCrunch· 10 months agoFlipkart commenced a $700 million "one-time discretionary" cash payout to employees on Friday, the...
India scrambles to curb PhonePe and Google's dominance in mobile payments
TechCrunch· 2 weeks agoThe National Payments Corporation of India (NPCI), the body overseeing the country's widely used...
Walmart-backed payments giant PhonePe makes e-commerce push
TechCrunch· 1 year agoIn a move reminiscent of its successful early bet on the government-backed UPI network seven years...
Bernstein pegs Reliance as India's eventual e-commerce kingpin
TechCrunch· 11 months agoThe Indian conglomerate Reliance is poised to outpace Amazon and Walmart-backed Flipkart in the race...
India's PhonePe tops $12 billion valuation in new funding
TechCrunch· 1 year agoPhonePe's valuation has more than doubled to over $12 billion in a new funding round as the Indian...
Amazon takes on India rivals with Bazaar, a low-cost fashion store
TechCrunch· 4 weeks agoAmazon has quietly introduced a "special store" called Bazaar in India, featuring affordable and...
India's digital lending rules spark disruption, firms plan pushback
Reuters via Yahoo Finance· 2 years agoIndia's stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms...
The rise and stunning fall of Paytm, which once had India’s largest IPO but is now the target of a...
Fortune via Yahoo Finance· 2 months agoOn November 18, 2021, Vijay Shekhar Sharma took to the stage at the Bombay Stock Exchange, wiping...