seach-icon
  • user-img

    Vikshita Vitthal Gujaran in News

    05-Apr-2023 06:35 AM


    thumbnail

    PhonePe Launches E-Commerce App Pincode On Open Network

    Pincode, which will focus on hyperlocal commerce, is currently live only in Bengaluru.
    Pincode, which will focus on hyperlocal commerce, is currently live only in Bengaluru and available on the Google Play Store and the App Store, PhonePe said in a statement.
    It said categories on the app will include groceries, food, pharma, electronics, home decor and fashion.
    The company is targeting 100,000 orders a day on the app by December, Chief Executive Sameer Nigam said, adding that it would not launch the service in more than 10 cities in the first year.
    India's most valuable payments firm, PhonePe had raised $200 million from majority-backer Walmart in a pre-money $12 billion valuation in March.

    Source -https://www.ndtv.com/business/open-network-for-digital-commerce-ondc-phonepe-launches-e-commerce-app-pincode-on-open-network-3919759