Hyderabad, April 9 – Five people were arrested in the Sangareddy district of Telangana on Thursday for tying up an Anganwadi teacher to a tree over allegations of financial fraud by her husband, police said.The shocking incident took place in the village of Rasole in the Kangti mandal on...
New Delhi, March 16 PhonePe announced on Monday that it has temporarily suspended its public market listing process due to the current geopolitical conflicts and market volatility, and will resume the listing process once there is some stability in global capital markets.Sameer Nigam, CEO of...
capital markets
company announcement
financial markets
geopolitical conflict
india
india stock market
market listing
market volatility
phonepe
public offering
New Delhi, March 11 PhonePe has announced the launch of the PhonePe 'RuPay On-The-Go' Card, a National Common Mobility Card (NCMC).This launch is a step towards India's 'One Nation One Card' vision, aimed at digitizing transit payments across India.The PhonePe 'On-The-Go' Card is designed to...
contactless payments
digital payments
hyderabad metro
india
l&t metro rail
mobile payments
national common mobility card
ncmc
payment systems
phonepe
prepaid card
public transportation
rupay
transit card
upi
Thiruvananthapuram, March 10 The Kerala Police on Tuesday warned the public about a new cyber fraud in which scammers are allegedly using images of Chief Minister Pinarayi Vijayan in fake social media advertisements to trick people into making online payments.According to a statement issued by...
New Delhi, March 4 India's most valuable fintech firm, PhonePe, is aiming to list at a valuation between USD 9 billion and USD 10.5 billion (approximately INR 75,000 crore to INR 87,000 crore), as it expects to raise around USD 1.05 billion from the sale of shares, sources aware of the...
digital payments
equity offering
financial services
fintech
india
initial public offering (ipo)
merchant payments
microsoft global finance
phonepe
revenue growth
share sale
tiger global
upi payments
walmart
wm digital commerce holdings pte
New Delhi, February 26 The digital payments giant, PhonePe, has reported strong revenue growth and a sharp decrease in losses over the past three fiscal years, indicating a shift towards sustainable monetization and operational efficiency, according to its draft red herring prospectus (DRHP)...
New Delhi, February 24 Financial disclosures filed by PhonePe indicate a significant improvement in revenue scale, profitability metrics, and cash generation over the last three fiscal years, signaling a shift in the company's financial trajectory amid India's evolving fintech landscape...
New Delhi, February 21 PhonePe launched an AI-powered natural language search feature on Saturday, built using Microsoft Foundry, allowing users to navigate, pay, and track transactions within the app using simple voice or text commands."This feature enables PhonePe users to initiate and...
artificial intelligence
digital payments
financial services
indian market
microsoft foundry
mobile payments
natural language processing
payment app
phonepe
text search
transaction tracking
user experience
user intent
user interface
voice search
New Delhi, February 19 Over the past decade, PhonePe has evolved from a pioneering UPI platform into what many consider a "fully diversified fintech platform".With over 65 crore registered users and a merchant acceptance network of more than 4.7 crore, spanning from major cities to remote...