This partnership enabled PhonePe users to link their existing Freecharge wallets to the PhonePe app. Shrushti K. Chaware Works as a Digital Marketing Executive, at SoftwareSuggest. 21.8 crore per year. He has received many awards and recognition for his extraordinary contribution to the business world. Not just a great business leader, but he is a well-known philanthropist too. 2019: 'Best Digital Wallet' Initiative at the Indian Retail and eRetail Awards 2019. You can sign in using any of your social media accounts from below. She promotes technology and is working towards closing the gender gap in technology. How To Prepare For SEBI Grade A Prelims 2020 Exam In 2 Months. It recently raised funds from US-based Tiger Global Management, one of the world’s largest hedge funds. [58] During this period, Airtel too blocked PhonePe transactions on its platforms. Before that, he has served as the CEO for several other companies, including Tumri, Serus Corporation, and Timeli. Are you following them? Maheshwari had gone on to become Flipkart’s Head of Engineering, and in 2013, he had been appointed Flipkart’s Chief People Officer. Documents provided by Flipkart to the Registrar of Companies have provided a unique look into how Flipkart pays its seniormost employees. ", "PhonePe introduces chat feature on app to ease digital transactions via texts", "ICICI Lombard ties-up with PhonePe for multi-trip insurance - ET BFSI", "How PhonePe's coronavirus insurance policy works", "PhonePe launches Super Funds to help users in long-term wealth creation", "PhonePe's super-app platform 'Switch', a one stop solution for customers", "PhonePe now allows customers to withdraw cash using UPI", "PHONEPE Becomes Largest UPI Player, Leaps Ahead Of PAYTM AND TEZ", "PhonePe eyes top slot in digital payments", "Second Edition of SuperStartUps Awards concluded in Delhi on 30th May", "MullenLowe Lintas Group and Ogilvy dominate the IndIAA Awards", "Indian Retail & eRetail Congress 2019 - Awards Winner", "ICICI blocks PhonePe transactions in sign of banks moving to protect payments turf", "ICICI Bank blocks transactions through Flipkart wallet PhonePe", "NPCI instructs ICICI to allow UPI transactions on PhonePe immediately", "After ICICI Bank, Airtel also blocks PhonePe - The Economic Times", "NPCI says Flipkart's PhonePe does not follow UPI rules - The Economic Times", "PhonePe app in breach of UPI guidelines: NPCI", "PhonePe in violation of UPI norms, says NPCI in U-turn", "PhonePe stops all UPI-based payments on Flipkart website", "ICICI Bank resumes UPI transactions on PhonePe - The Economic Times", "Flipkart's PhonePe resolves issues with ICICI, claims 70x growth", "COVID-19: PhonePe launches donation drive, aims to contribute Rs 100 crore to PM Fund", Chartered Bank of India, Australia and China, Mercantile Bank of India, London and China, Structured Financial Messaging System (SFMS), https://en.wikipedia.org/w/index.php?title=PhonePe&oldid=986379254, Financial services companies established in 2015, All Wikipedia articles written in Indian English, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License. His previously founded Tesla Motors is making a huge name in bringing fully-electric vehicles to the mass market. He’d joined Flipkart in 2011, and quit in 2015. His rocket company, SpaceX, is now valued at more than $20 billion. He joined LinkedIn in 2008, and under its leadership, it became one of the most-used social media platforms in the world. Body Measurement, Height. Documents provided by Flipkart to the Registrar of Companies have provided a unique look into how Flipkart pays its seniormost employees. Net Worth: US$88.9 billion, … Hanzo Mortal Kombat, He, How to Become a Certified Safety Professional: The Steps Explained, Flipkart Acquires Gaming Startup Mech Mocha To Turn Casual Gamers Into E-Commerce Shoppers, Tips to Make Your Office Look Professional, US Funds Cut Paytm’s Valuation By 26%, Ola’s Valuation By 50% In Latest Appraisals. © SoftwareSuggest Blog All rights reserved. Its competitors  Paytm, Google Pay and Amazon Pay fell behind PhonePe in terms of UPI transactions. He is also a board member of Malaria No More and DonorsChoose.org. When he received the grant of $100,000 for being the winner of the 2013 Thiel Fellowship program, he re-launched the company as OYO Rooms in May 2013. [17] The PhonePe ATM allows neighbourhood Kirana stores to dispense cash in real-time to customers. Sujeet Kumar is the co-founder and CEO of the company Udaan, one of India’s fastest unicorns. He has a net worth of US$88.9 billion as of December 2019, which makes him the fourth-wealthiest person in the world. 10.1 crore last year. He won the Indian Television Academy Award, Zee Gold Award and Indian Telly Award for his performance in Chakravartin Ashoka Samrat. He’d then founded PhonePe, which was eventually acquired by Flipkart. The firm intends to cross 500 million registered users by December 2022. The PhonePe app, based on the Unified Payments Interface (), went live in August 2016.. The Bluetooth enabled POS device looks like a calculator and works with AA batteries. The company also managed to bag Fortune 40 under 40 Award (2018) and Entrepreneur of the Year award- Startup (2018). The Ministry of Corporate Affairs has already clarified that any corporate contributions to the PM CARES fund will qualify as corporate social responsibility (CSR) spending which companies have to mandatorily do. His rocket company, SpaceX, is now valued at more than $20 billion. His success mantra is, “Think of yourself as an insensitive, nitpicking, irritable fool to use the product.”. He started it as Oravel Stays, for booking budget hotels. Avneet is reportedly rumoured to be Siddharth Nigam’s girlfriend, however, the two are not a … Romanian Culture Facts, [60][61][62], After this, PhonePe closed its operations on Flipkart's website,[63] to align itself with the terms stated in the updated verdict from NPCI. PhonePe is a digital wallet platform and online payment company headquartered in Bangalore, India. FREE Background Report. Paytm, a very popular mobile payments app in India, has also been actively promoting the PM CARES Fund with #IndiaFightsCorona on social media. And the numbers are something to behold – several of these salaries easily outstrip the salaries of CEOs at established companies. Siddharth has a net worth of 4 million dollars as per republicworld.com. Calling Paytm a Chinese app because of their shareholding is absurd: Sameer Nigam, PhonePe 03 Jul, 2020, 04.37 PM IST.

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