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The acquisition was closed after a months-long legal dispute between PhonePe and AGPL and Ventureast Fund on the valuation of IndusOS, which is alternatively called OSLabs.
In a span of a day M N Srinivasu (Vasu), Ajay Kaushal and Karthik Ganapathy have become the latest demi-gods of Indian entrepreneurial story
Avoid exposing your data; use a virtual card instead
With this app, Bajaj Finance will make an entry into the digital payments space
Experts said it is a step in the right direction by the RBI and people have been asking it to enhance the limit.
The report is based on a survey of 120 payments executives at banks globally regarding the transformation of their payments business
Several grocers are testing cashierless stores with cameras that track what shoppers pick, so they pay by simply walking out the door
Metro, which had opened its first store in the country 15 years ago, zoomed past rivals like Walmart and Amazon Wholesale by turning profitable for the first time in 2018-19.
UPI is an instant, real-time payment instrument developed by the National Payments Corporation of India
Amazon and Google now vie with local start-up Paytm, Walmart-PhonePe and a host of other players in a digital payments market forecast to quintuple to $1 trillion by 2023.
The clarification has come a week after the government said the RBI would examine concerns around its strict data-localisation guidelines
The total value of these payments was Rs 1,96,91,189 crore, a five per cent dip
To spend Rs 150 cr in six months to organise awareness programmes, media campaigns