Top News Of the Day:
1. Bengaluru-based jewellery marketplace Eternz has raised $1.15 million in a pre-seed funding round led by Kae Capital.
2. Indian luggage and travel accessories startup ICON has secured $1.2 million in seed funding, led by D
Google Pay + Paytm = PhonePe 💥
What made PhonePe succeed in this market with such competitors❓
Reply what you think about it 🤔👇
26 replies10 likes
Udyamee
Stealth • 4m
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?