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PhonePe to acquire home-grown mobile platform Indus OS: Report PhonePe to acquire home-grown mobile platform Indus OS: Report By:Abhishek Malhotra, The Mobile Indian , New Delhi Last updated : May 19, 2021 4:43 pm Advertisement Indus OS is all set to be acquired by PhonePe, the Walmart-owned digital payments platform. This transaction will help PhonePe in adding more applications under its 'PhonePe' switch feature that aggregates various other applications under it.    As per a report by  'Entrackr, Three sources aware of the details of the transaction hav...

Indian payments firm PhonePe to acquire IndusOS for $60m Photo: Pixabay May 19, 2021 Bengaluru-based payments major, PhonePe is in final stages to acquire homegrown app store IndusOS for a cash-deal worth $60 million, according to two individuals aware of the discussion. The acquisition will give an exit to IndusOS’s existing investors including Omidyar Network, Samsung Ventures, VenturEast among others, with the final terms of the deal to be finalised over the course of next month, said one of the individuals quoted above. This will be PhonePe’s second and largest acquisition till date, ...

Indus App Bazaar curates apps on its store to keep people informed about the COVID situation Indus App Bazaar curates apps on its store to keep people informed about the COVID situation Advertisement Indus App Bazaar announced that it has curated a special category of featured apps under ‘COVID-19 Resources’ to equip people with the right information around solutions to tackle the ongoing pandemic. The category includes apps like 1 mg, Practo, BigBasket, Country Delight, Bajaj Finserv Health, and Paytm, to name a few.   Amid this global upheaval, people constantly lookout for solutions a...

Indus App Bazaar April monthly collection brings ‘Stay At Home’ apps Indus App Bazaar April monthly collection brings ‘Stay At Home’ apps Advertisement Indus App Bazaar has come out with a new collection of apps to help users stay informed and entertained at home. Themed around ‘Stay at Home’, the new pool of content includes apps across various categories like apps providing verified Covid-19 information, shopping  entertainment, education, delivery, games, news, fitness, and payment.   This is an attempt by Indus App Bazaar to keep consumers informed, entertained, and safe at ...

Indian industry snubbed Google Play’s decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its "abrasive & monopolistic abuse" as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue. "When we are forced to use a payment system that charges 15 % to 30% per payment, it can’t be acceptable by anyone! The digital India dream...