PhonePe withdraws injunction plea, to push for full trial
Digital payments firm PhonePe has withdrawn its injunction plea against BharatPe over the use of the suffix ‘Pe’ as it prepares to take on the latter in a full trial expected to start in July.
PhonePe filed a commercial lawsuit against BharatPe, alleging violation of its trademark and claiming exclusivity on the ‘Pe’ suffix in May 2019 at the Delhi high court.
After the Delhi high court dismissed PhonePe’s interim injunction plea in April, the company moved a division bench to seek relief.
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