PhonePe

Leading e-tailer Flipkart on Monday formed a group with its subsidiaries Myntra-Jabong and PhonePe and made co-founder Binny Bansal its Chief Executive Officer (CEO). "In the new structure, Kalyan Krishnamurthy is Flipkart's CEO, Ananth Narayanan Myntra's CEO and Sameer Nigam...

Homegrown e-tailer Flipkart has crossed the 100-million registered users mark, becoming the first e-commerce company in the country to hit the milestone. The Bengaluru-based company has doubled its user base over the last year and added 25 million users...

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...

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...