ondc

PhonePe Raises $100 Million From General Atlantic, Investors During Ongoing Fundraise

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Walmart-owned Indian payments firm PhonePe on Wednesday said it had raised an additional $100 million (roughly Rs. 820 crores) from General Atlantic and other investors as part of its ongoing $1 billion (roughly Rs. 82,063 crores) fundraising to expand into the lucrative lending space. With the latest round, PhonePe, India’s most valuable payments firm with … Read more

PhonePe Launches Pincode App for Local Commerce on ONDC Network: All Details

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Walmart-backed PhonePe on Tuesday announced its foray into local commerce with the launch of its consumer app Pincode, built on the government’s Open Network for Digital Commerce (ONDC) platform. PhonePe Founder and CEO Sameer Nigam that the Pincode app will be available initially in Bangalore and it will expand to other cities after the app … Read more