PhonePe, one of India’s leading fintech companies, is already operating with the transparency and governance expected of a public limited company. In 2024, the company released its annual report, a significant step showcasing its financial discipline and commitment to accountability. PhonePe Report The report includes consolidated and standalone financial numbers, giving stakeholders a clear insight […]
Sameer Nigam and Rahul Chari, the cofounders of PhonePe, have announced a generous grant of $1 million to their alma mater, Sardar Patel Institute of Technology (SPIT), Mumbai. This announcement was made during the celebration of the 25th anniversary of the institute’s 1999 graduating batch. SPIT Infrastructure The substantial donation aims to enhance SPIT’s infrastructure, […]
PhonePe, launched in December 2016, has grown into one of the most trusted online payment platforms in India. Today, PhonePe has transformed the experience of making online payments. PhonePe Big Step PhonePe has decided to end its partnership with a third-party provider and is now set to collaborate with Juspay. This strategic shift has been […]
Flipkart and PhonePe, two major players in the Indian e-commerce and fintech sectors, are showing promising signs of profitability. According to Walmart CFO, improving losses and substantial growth in payment volumes are giving Walmart a lot of confidence in their financial future. This article delves into the financial outlook and strategic advancements of Flipkart and […]
In recent developments, ixigo Expands Partnership with PhonePe which is a leading digital payments platform in India. This strategic move aims to offer PhonePe users seamless access to a wider array of travel booking services directly through the PhonePe app. Introduction to the Partnership The expanded partnership between ixigo and PhonePe marks a significant milestone […]
Recently PhonePe Launches Indus Appstore which help it to expand its ecosystem in the industry. The company is now in discussions with smartphone manufacturers to pre-install the Indus Appstore on their devices. This move aims to boost the reach and accessibility of the app marketplace, positioning it as a formidable competitor in the app distribution […]