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Flipkart’s PhonePe launches UPI-based app

Mobile payments start-up PhonePe Internet Pvt. Ltd, owned by Flipkart, in partnership with private lender Yes Bank has recently launched unified payments interface (UPI) based payments app. PhonePe allows users to link their bank accounts securely to their smartphone using...

Flipkart acquires payments venture PhonePe

The e-commerce site Flipkart has bought mobile payments venture PhonePe. However, the value of transaction is yet to be ascertained. PhonePe was started in December last by former Flipkart employees, Sameer Nigam and Rahul Chari. At present, there are 15...
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India leads in GenAI adoption, investment trends likely to rise in coming years: Report

The study also predicted promising investment trends shortly, with about 94% of respondents anticipating increased investments and budget allocations...
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