“By taking a trademark for the “Pe” device mark in Devanagari script in sections relating to payment services in a country like India, where Hindi is the primary language of the public, PhonePe has acted against the wider public interest, and is resilient. To undo it. is committed to,” said a spokesperson for Resilient Innovations, the parent company of BharatPe.
“PhonePe is claiming its registration for the “Pe” device mark in Devanagari script to be equivalent to the English word Pay/Pe. PhonePe recently took the same position in a case filed before the Bombay High Court against Resilient BharatPe’s statement said that the use of the “Postpay” mark is currently withdrawn.
PhonePe is in the process of filing a revised case in the Bombay High Court in this matter. The Bombay High Court last week rejected PhonePe’s claim of exclusivity on the word “pay” in the interim phase. PhonePe had filed a fresh suit against BharatPe’s ‘Buy Now, Pay Later’ (BNPL) app. postpay for trademark infringement. Walmart and Flipkart-backed PhonePe had approached the Bombay High Court seeking an injunction to restrain Resilient from misusing the registered trademark of PhonePe from using and promoting the “Postpay” or “Postpay” marks, the Bengaluru-based firm said. Said in a statement.
Both PhonePe and BharatPe’s PostPe are currently on a marketing overdrive with television commercials airing during the ongoing T20 World Cup.
“Even though both the Delhi High Court and the Bombay High Court have prima facie found the claim of PhonePe to be false, Resilient has filed these cancellation proceedings to provide an equal opportunity to all stakeholders in the digital payments sector once and for all. has done.” BharatPe spokesperson said.
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A PhonePe spokesperson declined to comment on Tuesday.
Earlier this year in April, the Delhi High Court dismissed PhonePe’s interim injunction petition against BharatPe, which claimed exclusivity on the word “pay”. The matter is now part of the hearing as PhonePe did not want to press for the injunction appeal and sought a final solution through trial.
PhonePe said last week that when it withdrew the suit, the Bombay High Court had given it liberty to file a fresh case keeping the rights and disputes open to the parties in the matter.