MUMBAI\/BENGALURU: Flipkart-owned PhonePe<\/a> is in the process of raising capital independently at a $500-million valuation, two people familiar with the matter told TOI, signalling the interest of strategic players in the Indian digital payments market.
\n
PhonePe<\/a> has held early discussions with the global online payments giant PayPal<\/a> Holdings, it is learnt, for a share sale, sources said. Naspers-owned PayU<\/a>, along with a few others, have also held initial talks with the one-year-old startup, which Flipkart<\/a> bought in April 2016.
\n
PayPal<\/a>, which has been looking to get a toehold in the fledgling but fast-growing domestic digital payments industry, had nearly closed a funding round with Snapdeal<\/a>'s Freecharge<\/a> last year, but the deal fell through, sources said on condition of anonymity.
\n
\nIf talks with PhonePe are successful, it will be PayPal's big push into the buzzy online payments space, which is emboldened by the government's push towards digitisation. The San Jose-headquartered payments firm, which enables digital and mobile payments for consumers and merchants, operates in India but has a negligible presence here not having been able to reap the e-commerce boom.
\n
Players like the Alibaba-backed
Paytm<\/a> have, on the other hand, been able to scale up significantly more, especially in the backdrop of demonetisation of high currency notes, which was announced in November last year by the government.
\n
The Vijay Shekhar Sharma led
Paytm<\/a> raised money at $4.8-billion valuation last year in August. What's interesting is that PayPal's parent eBay has also held talks with Flipkart for a potential round of funding. Co-founded by former Flipkart employees Sameer Nigam and Rahul Chari, PhonePe lets users make payments through the Unified Payment Interface (UPI<\/a>) platform promoted by the National Payments Corporation of India (NPCI<\/a>).
\n
\nNigam did not offer any comments, saying as a matter of company policy they don't respond to market speculation. A PayPal spokesperson said the company does not comment on speculation or rumours, while Amrish Rau, CEO,
PayU<\/a> India, said, \"As a leading fintech player, we are keen on the consumer payments opportunity. We, however, wouldn't like to comment on market rumours.\"\n\n<\/p><\/body>","next_sibling":[{"msid":57034450,"title":"Differences between Infosys CEO Vishal Sikka and some founders?","entity_type":"ARTICLE","link":"\/news\/differences-between-infosys-ceo-vishal-sikka-and-some-founders\/57034450","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":57034578,"entity_type":"ARTICLE","title":"PayPal in talks with PhonePe for funding","synopsis":"PayPal, which has been looking to get a toehold in the fledgling but fast-growing domestic digital payments industry, had nearly closed a funding round with Snapdeal's Freecharge last year, but the deal fell through.","titleseo":"telecomnews\/paypal-in-talks-with-phonepe-for-funding","status":"ACTIVE","authors":[{"author_name":"Samidha Sharma","author_link":"\/author\/20400\/samidha-sharma","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/20400.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":20400,"author_name":"Samidha Sharma","author_seo_name":"Samidha-Sharma","designation":"Editor- Emerging Business","agency":false}},{"author_name":"Digbijay Mishra","author_link":"\/author\/479221599\/digbijay-mishra","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479221599.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":479221599,"author_name":"Digbijay Mishra","author_seo_name":"Digbijay-Mishra","designation":"Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":"TNN","artdate":"2017-02-08 11:29:08","lastupd":"2017-02-08 11:29:24","breadcrumbTags":["Paypal","Flipkart","NPCI","Naspers","Alibaba","SnapDeal","PayTM","PayU","Freecharge","UPI","MVAS\/Apps","PhonePe"],"secinfo":{"seolocation":"telecomnews\/paypal-in-talks-with-phonepe-for-funding"}}" data-authors="[" samidha sharma","digbijay mishra"]" data-category-name="" data-category_id="" data-date="2017-02-08" data-index="article_1">

贝宝与PhonePe来融资

贝宝,希望得到一个羽翼未丰的但快速增长的国内电子支付行业的立足之地,几乎关闭了与去年Snapdeal Freecharge一轮融资,但这笔交易告吹。

Samidha沙玛 Digbijay Mishra
  • 更新于2017年2月8日上午11:29坚持

孟买和班加罗尔:Flipkart-ownedPhonePe是在筹集资金的过程中独立估值在5亿美元,两个知情人士告诉本报,在印度数字信号战略玩家的利益支付市场。

PhonePe讨论初举行的全球在线支付巨头贝宝控股公司,据了解,售股,消息人士说。Naspers-ownedPayU以及其他一些与一岁大的启动也举行了首次会谈,Flipkart公司2016年4月买的。

贝宝,希望得到一个羽翼未丰的但快速增长的国内电子支付行业的立足之地,几乎关闭了一轮融资SnapdealFreecharge去年,但这笔交易告吹,名不愿透露姓名的消息人士表示。

如果与PhonePe成功的谈判,它将会是贝宝的大举进军在线支付的空间,这是受到政府的推动数字化。圣Jose-headquartered支付公司,使数字和移动支付消费者和商人,经营在印度,但这里有一个微不足道的存在没有能够获得电子商务热潮。

球员像Alibaba-backedPaytm,另一方面,能够扩大更多,尤其是在demonetisation高汇率的背景下指出,政府去年11月宣布的。

Vijay Shekhar Sharma领导Paytm筹集资金去年8月份以4.8美元的估值。有趣的是,Flipkart公司eBay贝宝的母公司还举行了会谈为潜在的一轮融资。由前Flipkart公司与员工Sameer尼噶拉胡尔沙里河,PhonePe允许用户通过统一的支付接口(支付UPI)由国家支付平台提升印度公司(NPCI)。

尼噶没有提供任何评论,称公司的政策不应对市场投机。贝宝的一位发言人表示,该公司并没有对传言发表评论或谣言,虽然Amrish劳,首席执行官,PayU印度,说,“作为一个领先的fintech球员,我们热衷于消费支付的机会。然而,我们不喜欢市场传言置评。”

  • 发布于2017年2月8日上午11:29坚持

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MUMBAI\/BENGALURU: Flipkart-owned PhonePe<\/a> is in the process of raising capital independently at a $500-million valuation, two people familiar with the matter told TOI, signalling the interest of strategic players in the Indian digital payments market.
\n
PhonePe<\/a> has held early discussions with the global online payments giant PayPal<\/a> Holdings, it is learnt, for a share sale, sources said. Naspers-owned PayU<\/a>, along with a few others, have also held initial talks with the one-year-old startup, which Flipkart<\/a> bought in April 2016.
\n
PayPal<\/a>, which has been looking to get a toehold in the fledgling but fast-growing domestic digital payments industry, had nearly closed a funding round with Snapdeal<\/a>'s Freecharge<\/a> last year, but the deal fell through, sources said on condition of anonymity.
\n
\nIf talks with PhonePe are successful, it will be PayPal's big push into the buzzy online payments space, which is emboldened by the government's push towards digitisation. The San Jose-headquartered payments firm, which enables digital and mobile payments for consumers and merchants, operates in India but has a negligible presence here not having been able to reap the e-commerce boom.
\n
Players like the Alibaba-backed
Paytm<\/a> have, on the other hand, been able to scale up significantly more, especially in the backdrop of demonetisation of high currency notes, which was announced in November last year by the government.
\n
The Vijay Shekhar Sharma led
Paytm<\/a> raised money at $4.8-billion valuation last year in August. What's interesting is that PayPal's parent eBay has also held talks with Flipkart for a potential round of funding. Co-founded by former Flipkart employees Sameer Nigam and Rahul Chari, PhonePe lets users make payments through the Unified Payment Interface (UPI<\/a>) platform promoted by the National Payments Corporation of India (NPCI<\/a>).
\n
\nNigam did not offer any comments, saying as a matter of company policy they don't respond to market speculation. A PayPal spokesperson said the company does not comment on speculation or rumours, while Amrish Rau, CEO,
PayU<\/a> India, said, \"As a leading fintech player, we are keen on the consumer payments opportunity. We, however, wouldn't like to comment on market rumours.\"\n\n<\/p><\/body>","next_sibling":[{"msid":57034450,"title":"Differences between Infosys CEO Vishal Sikka and some founders?","entity_type":"ARTICLE","link":"\/news\/differences-between-infosys-ceo-vishal-sikka-and-some-founders\/57034450","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":57034578,"entity_type":"ARTICLE","title":"PayPal in talks with PhonePe for funding","synopsis":"PayPal, which has been looking to get a toehold in the fledgling but fast-growing domestic digital payments industry, had nearly closed a funding round with Snapdeal's Freecharge last year, but the deal fell through.","titleseo":"telecomnews\/paypal-in-talks-with-phonepe-for-funding","status":"ACTIVE","authors":[{"author_name":"Samidha Sharma","author_link":"\/author\/20400\/samidha-sharma","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/20400.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":20400,"author_name":"Samidha Sharma","author_seo_name":"Samidha-Sharma","designation":"Editor- Emerging Business","agency":false}},{"author_name":"Digbijay Mishra","author_link":"\/author\/479221599\/digbijay-mishra","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479221599.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":479221599,"author_name":"Digbijay Mishra","author_seo_name":"Digbijay-Mishra","designation":"Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":"TNN","artdate":"2017-02-08 11:29:08","lastupd":"2017-02-08 11:29:24","breadcrumbTags":["Paypal","Flipkart","NPCI","Naspers","Alibaba","SnapDeal","PayTM","PayU","Freecharge","UPI","MVAS\/Apps","PhonePe"],"secinfo":{"seolocation":"telecomnews\/paypal-in-talks-with-phonepe-for-funding"}}" data-news_link="//www.iser-br.com/news/paypal-in-talks-with-phonepe-for-funding/57034578">