PhonePe withdraws ‘Pe’ trademark injunction appeal against BharatPe
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Walmart-backed PhonePe has withdrawn its appeal challenging an order passed by the Delhi High Court in April where a single-judge bench had rejected its plea to issue an injunction order against Sequoia-backed BharatPe for using the suffix ‘Pe’. According to a PhonePe spokesperson, the company has not withdrawn its original commercial lawsuit against BharatPe which was filed in 2019 where it accused the latter of trademark violations.