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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

PhonePe IPO Is Coming! • PhonePe is planning an IPO to raise capital at a valuation of $8-10 billion. • In 2023, PhonePe raised $200 million from Walmart at a pre-money valuation of $12 billion. • PhonePe dominates the UPI payments business with a

Walmart owned UPI payment giant PhonePe to enter Indian share market soon! Currently very basic proccess of IPO (Initial public offering) works are going on from PhonePe side. When PhonePe gets complete approval from SEBI, They share their complete

India may have created huge technologically advanced Startups based on UPI but in reality it's no more Indian to be honest . US Monopolies in Indian Market in every important sectors. 📑Just take a look. PhonePe (Owned by Walmart, USA) – 48.9% Goog

Flipkart purchased Myntra in 2014. Flipkart purchased Jabong via Myntra in 2016. Walmart purchase Flipkart in 2018. Flipkart killed Jabong in 2020. Is it fair to purchase a company just to kill it? _S

Case Study: PhonePe – India's UPI Leader Founded in 2015, PhonePe dominates India's digital payments landscape. Stats: Users: 350M+ registered Market Share: 40%+ of UPI transactions Business Model: Transactions, financial services, advertising. R

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

In 2024, Flipkart raised $350 million from Google as part of a funding round led by Walmart, bringing the total for this round to approximately $950 million. This investment aims to enhance Flipkart's digital infrastructure and expand its grocery bus

Super.money dropped in July 2024, backed by Flipkart—and didn’t take long to shake up the UPI game. Fast forward to Feb 2025, and it’s already sitting at #5 among third-party UPI apps with 139M+ transactions and 0.86% market share. Not bad for the n

UPI, established by the National Payments Corporation of India (NPCI) in 2016, is the dominant payment platform in India, processing over 75% of the country's retail digital payments.