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PhonePe has captured over 50% of UPI transaction value and 48.36% of volume as of August 2024, according to NPCI. With 7.23 billion transactions worth ₹10.33 lakh crore, PhonePe leads competitors Google Pay (37.3% by volume) and Paytm (7.21% by volume) in India’s payments landscape.

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ELIVAAS Raises $5 Million in Series A Funding to Boost Vacation Rental Platform

ELIVAAS, a Gurugram-based vacation home rental platform, has successfully raised $5 million in its Series A funding round.

OYO to Acquire G6 Hospitality for $525 Million in All-Cash Deal

OYO, the Indian-based hospitality giant, has announced a significant move to acquire G6 Hospitality, the company behind the

Infibeam Avenues Set to Launch RediffPay, Joining UPI Market

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