BharatPe, PhonePe Settle Long-Standing Trademark Dispute Over 'Pe' Suffix

The BharatPe Group and PhonePe Group on Sunday announced that they have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix “Pe”.

This comes after a long-drawn legal dispute across multiple courts, since the last 5 years.

“The settlement will put an end to all open judicial proceedings,” the announcement said, adding that the companies have withdrawn all oppositions against each other in the trademark registry.

Rajnish Kumar, Chairman of the Board, BharatPe called the move “a positive development for the industry”, while appreciating “the maturity and professionalism shown by the Management of both sides”.