
India's leading e-commerce company, Flipkart, is in talks with various firms to pick up a stake in order to diversify its business in the country to take on its bitter rival Amazon India.
72 published items with the word (s) or phrase PhonePe in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
India's leading e-commerce company, Flipkart, is in talks with various firms to pick up a stake in order to diversify its business in the country to take on its bitter rival Amazon India.
Amazon India has invested another round of money, this time 260 crore rupees (approximately 39 million dollars), into its online payments platform Amazon Pay but new government regulations could increase their costs.
Indian ecommerce major Flipkart has made one of its biggest investments in the digital payments space with capital infusion of $500 million (approx Rs 3243 crore) to its digital wallet firm PhonePe.
Indian e-commerce major Flipkart has managed to raise funds over Rs 254 crore (approx $39 million) for its digital wallet PhonePe from Singapore-based Flipkart Payments.
India’s leading etailer Flipkart will offer eligible employees differential stock options under its employee stock option plan (ESOP) to protect them from the share price drop following its latest fund raise
India’s leading e-commerce company Flipkart has said that it intends to invest major part of money raised from latest deals, in new businesses such as PhonePe and Fintech.
India's largest e-commerce retailer, Flipkart, is in talks to raise up to $1.5 billion from investors including Microsoft Corp, eBay Inc, PayPal Holdings Inc and Tencent Holdings Ltd at a valuation of $10-12 billion.
Flipkart is planning to cut its monthly expenditure to $20 million from the current $45 million as it looks to raise fresh capital of Rs 3,400-5,400 crore ($500-800 million).
Saikiran Krishnamurthy, who headed the e-tailer supply chain unit Ekart; senior vice president Surojit Chatterjee, who headed product; and chief marketing officer Samardeep Subandh are leaving the company.
Amazon India has increased the authorized share capital of Amazon’s payments arm, Amazon Online Distribution Services (AODS) to Rs 400 crore from Rs 69 crore.