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05.12.2025

Walmart-backed PhonePe winds down its Pincode app in yet another e-commerce step back

Walmart-backed PhonePe is discontinuing its Pincode e-commerce app as part of a strategic pivot away from consumer-focused quick-commerce. The decision follows challenges in competing within India’s saturated online retail...

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TechCrunch
28.11.2025

SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing

Meesho, an Indian e-commerce competitor to Amazon and Flipkart, is set to launch a $606 million IPO, marking India’s first major online retail listing. The offering includes token sell-offs...

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TechCrunch