BharatPe and PhonePe settled their “Pe” trademark dispute after the Delhi High Court ruling, ending years of legal battles. Both companies can continue using their brand names. The decision brings significant resolution to the fintech industry. BharatPe, established in 2018, claims a vast merchant network, while PhonePe is a major player in India’s fintech landscape with over 535 million registered users.
Today(on 15th March),, Justice Prathiba M. Singh of the Delhi High Court ordered Ashneer Grover to remove recent allegations against BharatPe and its chairman, Rajnish Kumar. The court also directed The Economic Times to retract articles about Grover’s letters to the RBI. Grover was fined Rs. 2 lakh for disobeying the court’s order and using inappropriate language on social media.
