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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...
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...
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...
