Walmart-Backed PhonePe Entry into Consumer Lending

Three points you will get to know in this article: PhonePe, the digital payments unicorn, is poised to launch consumer lending services on its platform by January of the upcoming year. In a strategic move into the consumer lending arena, PhonePe, backed by Walmart, is set to commence operations initially as a facilitator for personal loans. According to a report…

Festive Sale and Cricket Mania Propel ONDC Order Volume to 12 Lakh During Diwali Week

Three points you will get to know in this article: Taking advantage of the joyful holiday spirit, the government-supported Open Network for Digital Commerce (ONDC) proudly logged an impressive 1.2 million transactions from November 6 to November 13, as revealed by exclusive ONDC data accessed by Inc42. Earlier this year, ONDC emphasized its aspiration for a daily transaction count of…

This Week’s Startup Deals: PhonePe, BharatPe, Housing.com, BOXX, HeyoPhone, SnapE, Shiprocket, and WhiteHat Jr were in the News

This week has seen a flurry of exciting developments in the startup world. HeyoPhone successfully secured substantial funding, while gradCapital enthusiastically introduced a $6 million fund tailored to support student-led ventures. In a surprising twist, BharatPe’s Chief Business Officer, Dhruv Bahl, decided to step down from his position, and Ananya Tripathi, the CEO of WhiteHat Jr, also made a notable…

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