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PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. [5][6] It was founded in December 2015, [7][2] by Sameer Nigam, Rahul Chari and Burzin Engineer. [8] The PhonePe app, based on the Unified Payments Interface, went live in August 2016. [9][10] The PhonePe app is accessible in 11 ...
PhonePe and Google Pay both recorded 1 billion transactions in August with a market share of 45.94% and 34.45% respectively in the UPI payment ecosystem while Paytm took 11.94% share with ₹387.85 million transaction. [93]
Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an ...
2007–2010: Start-up phase. Flipkart was founded in October 2007 in Bangalore [11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [12][13][14] The company was started from a two-bedroom apartment in Koramangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from ...
PhonePe also had a good quarter with monthly transactions surpassing 8.7 billion and total annualized payment volume of approximately $1.6 trillion. ... We have a relatively low market share in e ...
Paytm (an acronym for " pay through mobile ") is an Indian multinational financial technology company, that specializes in digital payments and financial services, based in Noida, India. [4] Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables merchants ...
The following list sorts countries by the total market capitalization of all domestic companies [clarification needed] listed in the country, according to data from the World Bank. Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares. [1]
His net worth is now estimated at $139 million (₹1158 crore). Holds 4.8% of BharatPe. His net worth is estimated to be $136 million (₹1133 crore). Surrenders 1.4% of his stake as a penalty to BharatPe. Transfers 2.6% of his stake to Bhavik Koladiya. Left with a little over 4% of the stake.