BharatPe Vs PhonePe Settles Trademark Dispute Over 'Pe' Suffix
Settlement Reached
BharatPe and PhonePe have resolved their long-standing trademark dispute over the use of the suffix 'Pe' in their brand names.
End Of Legal Battle
The settlement ends a five-year legal battle fought across multiple courts.
Trademark Withdrawals
Both companies will withdraw all trademark oppositions against each other, allowing them to register their respective marks.
Court Compliance
The agreement requires compliance with all necessary steps in cases before the Delhi and Bombay High Courts.
BharatPe's Perspective
Rajnish Kumar, BharatPe chairman, praised the maturity and professionalism in resolving the dispute.
PhonePe's View
PhonePe founder and CEO Sameer Nigam emphasized that the resolution allows both companies to focus on growing the fintech industry.
Legal Journey
The legal conflict included multiple court cases, with significant rulings from the Delhi, Bombay, and Madras High Courts, and even reached the Supreme Court.
BharatPe Vs PhonePe: Fintech Majors Bury The Hatchet Over ‘Pe’ Suffix