PhonePe files and pulls back copyright petition against BharatPe's postpe

Customers can download the postpe app from Play Store and avail interest-free credit limit of up to Rs 10 lakh

Walmart-owned digital payments firm PhonePe has approached the Bombay High Court seeking an injunction to restrain its rival Resilient Innovations (BharatPe) from misusing PhonePe's registered trademarks by using and promoting the marks 'PostPe' / 'postpe'.

“During the hearing, the Hon'ble Court observed that the mark PostPe adopted by Resilient Innovations is so phonetically, structurally and visually similar to PhonePe mark that he also thought that PostPe/postpe is a natural evolution of the word PhonePe and emanated from PhonePe,” said PhonePe spokesperson in response to a query on Friday.

However, to address certain observations made by the Court in the pleadings