[ad_1] PhonePe Insurance Broking Services is gearing up to embrace the Insurance Regulatory and Development Authority of India’s (IRDAI) ‘Bima Trinity’ initiative, particularly the Bima Sugam platform. The company believes that Bima Sugam could revolutionise how insurance is sold, serviced, and claimed in India, driving affordability, accessibility, and transparency across the board. “Bima Sugam has […]
PhonePe launches new vehicle insurance for two-wheelers and four-wheelers – CNBC TV18
[ad_1] PhonePe has introduced a new vehicle insurance plan for two-wheelers and four-wheelers. The offering allows users to compare policies from multiple insurers and purchase them online through the PhonePe app. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large […]
PhonePe appoints four merchant bankers for upcoming IPO – CNBC TV18
[ad_1] Digital payments giant PhonePe has appointed four merchant bankers—JP Morgan, Citi India, Morgan Stanley, and Kotak Mahindra Capital—to manage its initial public offering (IPO), sources familiar with the development told CNBC-TV18. The Walmart-backed fintech firm is preparing for a domestic listing. While the company has not officially disclosed its fundraising target, a Moneycontrol report […]
PhonePe IPO | A look at the growth story of this UPI pioneer – CNBC TV18
[ad_1] Roughly eight years ago, India launched the Unified Payments Interface (UPI), an initiative that would completely transform the digital payments system in India. Seamless and instantaneous — be it bank transfer or credit card payments — UPI soon became the default payment mode of choice for both consumers and merchants. And one company led […]
Walmart-backed PhonePe gears up for potential IPO on Indian exchanges – CNBC TV18
[ad_1] Walmart-backed PhonePe is gearing up for a potential initial public offering (IPO) on Indian exchanges, becoming the latest tech unicorn to explore public markets. The digital payments giant announced today that it has begun preparatory steps for the listing. PhonePe, which redomiciled from Singapore to India in December 2022, stated it has established a […]
PhonePe introduces device tokenisation for secure card payments – CNBC TV18
[ad_1] PhonePe has launched a device tokenisation solution for credit and debit cards. Users can now tokenise their cards on the PhonePe app and use them across various services. These include bill payments, recharges, travel bookings, insurance purchases, and payments on Pincode and online merchants using PhonePe’s payment gateway. Index Fund Corner Sponsored Scheme Name […]
PhonePe exits Account Aggregator business citing inability to onboard a sufficient number of FIPs – CNBC TV18
[ad_1] Payments giant PhonePe Group has decided to exit the Account Aggregator (AA) business and will partner with other AAs to enhance financial inclusion. The company has initiated the process of surrendering its NBFC-AA license to the Reserve Bank of India (RBI) and will wind down its AA operations. Company Value Change %Change The Walmart-backed […]
MahaKumbh Mela 2025: PhonePe launches insurance plans starting at ₹59 for attendees – CNBC TV18
[ad_1] MahaKumbh Mela 2025: PhonePe has introduced a first-of-its-kind insurance plan for travelers attending the Maha Kumbh Mela in Prayagraj, Uttar Pradesh, from January 13 to February 26, 2025. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% […]
Startup Digest: PhonePe discontinues Juspay tie-up, Bhavish Aggarwal to pledge 1% of Ola Electric’s equity and more – CNBC TV18
[ad_1] PhonePe discontinues partnership with Juspay; will not be working with third-party routing platforms Fintech major PhonePe has discontinued its partnership with SoftBank-backed payments platform Juspay and will not be working with any third-party routing platform, offering direct integration to its customers, the firm told CNBC-TV18. “As a payment aggregator, one of our core roles […]
PhonePe launches health insurance plan for dengue, malaria starting at ₹59: How to avail – CNBC TV18
[ad_1] PhonePe has introduced a health insurance plan that provides year-round coverage for dengue, malaria, and other vector-borne diseases. Starting at ₹59 per year, the plan offers up to ₹1 lakh in coverage for medical expenses related to over 10 such diseases. The plan covers illnesses including malaria, dengue, chikungunya, and swine flu, with protection […]