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The BharatPe Group and PhonePe Group on Sunday announced that they have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix "Pe".
As a next step, parties have already taken steps to withdraw all oppositions against each other from the trademark registry
BharatPe and PhonePe had been involved in long-drawn legal disputes across multiple courts, over the course of the last five years
India Business News: Walmart-backed PhonePe and New Delhi-based fintech startup BharatPe have settled a 5-year legal dispute over the 'Pe' suffix usage, withdrawing tradem
Financial technology (fintech) firms PhonePe and BharatPe announced on Sunday that they have settled long-standing legal disputes regarding the use of the trademark with the suffix 'Pe' in their brand names. The settlement concludes five-year-long legal disputes across multiple courts. Both companies have decided to withdraw all opposition against each other in the Trade Marks Registry.