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PhonePe’s digital lending forays come on the heels of its massive $1 billion fundraise that it announced earlier this year at a $12 billion valuation, which made it India’s most-valued fintech startup
Payments app PhonePe on Tuesday launched its hyperlocal commerce app ‘Pincode’, which is built on the Open Network for Digital Commerce (ONDC) platform.
On the sidelines of the launch of Pincode, PhonePe co-founder Sameer Nigam talks about the e-commerce foray, plans with lending, why the acquisition of ZestMoney and more.
Phonepe marked its foray into e-commerce with the launch of a new mobile app called Pincode that works on the ONDC.
At present, PhonePe's Pincode app is only available in Bengaluru city and will soon be launched in other cities