Sameer Nigam

Over half a dozen companies including Paytm, Bharat Matrimony, Shaadi.com, Match Group (which owns Tinder), ShareChat, and Spotify have written to the Committee on Digital Competition Law (CDCL), saying they don’t agree with apex internet…

Sameer Nigam, cofounder and chief executive officer of the fintech PhonePe, has termed ex-ante (before the event) competition regulations “a bad idea”, saying that founders “opportunistically backing ex-ante regulations against others today…

A day after ZestMoney’s three founders announced they would leave the troubled fintech firm, cofounder and CEO Lizzie Chapman announced that the startup’s vice president, finance, Mohit Chhajer, chief banking officer Mandar Satpute, and…

Walmart-owned fintech major PhonePe, which formally separated from its parent entity Flipkart earlier this year, on Tuesday announced the launch of its ecommerce consumer app Pincode, built on the government’s Open Network for Digital…

NEW DELHI:PhonePe has secured $200 million from majority shareholder Walmart at a valuation of $12 billion. The investment is part of the fintech player’s larger ongoing financing round through which it aims to garner up to $1 billion. With…

Flipkart cofounder Binny Bansal is in talks to invest about $100-150 million in PhonePe as part of an ongoing financing round at the digital payments company, people in the know said. The transaction, if it goes through, will be among the…

It’s Friday and we are breaking a big story as we roll into the weekend. Flipkart cofounder Binny Bansal is eyeing an over $100 million stake in online payments major PhonePe. The deal is in the works, per sources.This and more in today’s…

PhonePe, an India-based fintech and payments company, has announced a $100 million investment in primary capital from Ribbit Capital, Tiger Global, and TVS CapitalFunds at a pre-money valuation of $12 billion. This latest funding comes on…

Digital payments major PhonePe has raised another $100 million in primary funding from fintech backer Ribbit Capital, TVS Capital Funds and Flipkart’s early backer Tiger Global at a pre-money valuation of $12 billion.The new investment…

Happy 74th Republic Day!Two early backers of Flipkart – venture fund Accel Partners and New York-based investment firm Tiger Global – are in talks to exit the ecommerce firm by selling their remaining stakes to its parent Walmart for around…