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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?

𝗪𝗵𝗮𝘁 𝗪𝗲𝗻𝘁 𝗪𝗿𝗼𝗻𝗴: 𝗪𝗶𝘁𝗵 𝗷𝗮𝗯𝗼𝗻𝗴! 📉 Jabong, once a favorite fashion shopping destination in India, was founded in 2011 by Arun, Pravin, Lakshmi, and Manu Kumar Jain( MI guy ). Their mission was to revolutionize how people bought

Fashion E-Commerce Market Share in India - Flipkart leads, followed by Myntra & Amazon

A few days ago, Flipkart introduced its new UPI service, Supermoney. ⏮️The interesting part: Let's go back a few years - Dec, 2015: 3 former Flipkart exec's start PhonePe. Apr, 2016: Flipkart acquires PhonePe for $20 M. Aug, 2018: Walmart acquires

Who is Mukesh Bansal ? > born in Haridwar > cracked IIT Kanpur, CS > worked at top Silicon Valley startups > returned to India > founded Myntra in 2007 > scaled it into a market leader > sold to Flipkart for $330M in 2014 > took over c

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

Any one having connections in the procurement/ purchase department in the 2 wheeler EV Industy Can connect me I make parts for 2 wheelers, you make me connect with the person in the purchase department and have commission if the product is finalized

The significant growth in Walmart International's advertising arm during the first quarter ended April 30, 2025, was largely fueled by Flipkart's strong performance. Walmart CFO John David Rainey noted in the earnings call, "... Our advertising bus

*RBI Transfer to Government* FY 2012-13 Rs33,110 crore FY 2013-14 Rs52,679 crore FY 2014-15 Rs65,896 crore FY 2015-16 Rs65,876 crore FY 2016-17 Rs30,659 crore FY 2017-18 Rs50,000 crore FY 2018-19 Rs176,051 crore FY 2019-20 Rs57,128 crore FY 2020-21