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BharatPe moves Delhi HC to revoke PhonePe's trademark registrations

October 27, 2021

The dispute for the 'Pe' suffix between BharatPe and PhonePe has heated up, with the former knocking on the doors of Delhi High Court with a fresh suit to revoke PhonePe's trademark registrations.

Sameer Nigam Ashneer Grover Shashvat Nakrani Resilient Innovations Pvt Ltd Bombay High Court Delhi High Court Intellectual Property Division On

Source: techstory.in

BharatPe Moves Delhi High Court Against PhonePe

October 26, 2021

BharatPe has filed six cancellation actions against multiple registrations held by PhonePe for the “Pe” device mark.

Sameer Nigam Ashneer Grover Shashvat Nakrani Delhi Hc Intellectual Property Division Bombay High Court Delhi High Court

Source: inc42.com

PhonePe now charges a processing fee for mobile recharges

October 24, 2021

PhonePe has become the first in the country to begin charging for mobile recharges. The digital payment app has begun levying processing fees ranging from Re. 1 to Rs. 2 per transaction for mobile charges above Rs. 50.

Sameer Nigam Walmart Group Bharat Billpay Services National Payments Corporation Of India Google Pay Amazon Pay

Source: techstory.in

PhonePe Starts Charging On Mobile Recharges As An "Experiment"

October 23, 2021

Recharges below INR 50 are not charged, while recharges between INR 50-100 are charged INR 1 and those above INR 100 are charged INR 2

Sameer Nigam National Payments Corporation Of India National Payments Corporation Burzin Engineer Rahul Chari Google Pay

Source: inc42.com

PhonePe gets Rs 150 cr in funding; plans to raise over Rs 5,000 cr

December 15, 2020

PhonePe gets Rs 150 cr in funding; plans to raise over Rs 5,000 cr PhonePe Pvt Ltd, Singapore (formerly Flipkart Payments Pvt Ltd) was allotted 198,755 shares and the total amount paid was Rs 150,00,03,985, according to documents sourced by business intelligence platform Tofler PTI | December 15, 2020 | Updated 08:10 IST PhonePe has crossed the 250-million registered users milestone, with over 100 million monthly active users (MAU) generating nearly 1 billion digital payment transactions in Oc...

C Douglas Mcmillon Sameer Nigam Phonepe Pvt Ltd Flipkart Payments Pvt Ltd Corporate Affairs Ministry Tiger Global Management

Source: businesstoday.in

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Fintech major PhonePe receives Rs 150 crore capital infusion: Report

December 14, 2020

Fintech major PhonePe has received about Rs 150 crore from PhonePe Pvt Ltd, Singapore in funding, as per regulatory filings. PhonePe Pvt Ltd, Singapore (formerly Flipkart Payments Pvt Ltd) was allotted 198,755 shares and the total amount paid was Rs 150,00,03,985, according to documents sourced by business intelligence platform Tofler, showed. The resolution was passed on December 2, it added. PhonePe declined to comment on the fund infusion. On December 3, Flipkart had announced a "partial...