Phonepe was acquired by Flipkart in 2016.
Later
In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart.
So, why need another UPI app?
Game Changing Growths of India [ PART 3 ]
Flipkart was found in October 2007, in Bengaluru. They initially started by selling books and the initial investments were made by the families of the founders.
In 2012, Flipkart acquired Letsbuy, an online
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Uttkarsh Singh
Learning • 1y
Going into Shark Tank India can change entrepreneurs life and no matter if someone gets a deal or not in the tank they will surely get it from outside.
2 replies8 likes
Uttkarsh Singh
Learning • 1y
Going into Shark Tank India can change entrepreneurs life and no matter if someone gets a deal or not in the tank they will surely get it from outside.
The Reliance & Shein saga:-
After the announcement of Reliance bringing back Shein to India, many people ranting about the Chinese involvement in the company.
But people this is a strategic partnership, means Shein is a technology partner only for R
Be very careful hiring your first 5 employees. You're not hiring employees tbh, you're building a unit that will build the company.
If it turns great, they will get it off the ground and lead further. If it turns worse, they can also get it to a dea
If you are a businessman or starting your own and your idea is truly exceptional you will get funding and the same is demonstrated by PhonePe
One of the best decisions of Indian startup history was when Flipkart bought Phonepe.
But why so ? Let me
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Trilok SHARMA
Entrepreneur • 4m
I have a problem solver idea ...
Those who have not yet come in the market, those who are in debt, those who are defaulters, they do not get loan from anywhere, for them we should start a loan portal in which we will take care of everything from the