PhonePe, BharatPe settle trademark lawsuit over name

After a five-year-long legal dispute, both companies will withdraw all complaints against each other with the trademarks registry.

Fintech majors BharatPe and PhonePe said on Sunday that they have settled their trademark-related lawsuit over the use of “Pe” in their suffix.

The two were engaged in a five-year-long legal dispute and after Sunday’s amicable resolution, both sides will withdraw all complaints against each other with the trademarks registry.

“The settlement will put an end to all open judicial proceedings,” the joint statement said.

In 2019, PhonePe had accused BharatPe of illegally using the term “Pe” as a suffix on its app, claiming trademark rights over the name. PhonePe, which separated from Flipkart and shifted its domicile to India …

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Diti Pujara

Diti is a copy editor at The Morning Context. She joins us from Deccan Herald where she oversaw the daily news coverage in the digital vertical as a chief sub-editor. She also managed social media and contributed to data stories and film analysis. Before DH, she was with Reuters as an online producer.

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diti@mailtmc.com