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VCGuy

Believe me, it’s not... • 9m

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

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5 replies18 likes
6
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Vaibhav Babruwan Shingde

Student • 3m

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

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7 replies13 likes
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Chamarti Sreekar

Passionate about Pos... • 1m

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

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1 replies13 likes
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Mridul Das

Introvert! • 15h

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

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13 replies43 likes
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Anonymous
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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

25 replies16 likes
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Vinayak Shivanagutti

🚀7M+ Post Impressio... • 11m

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

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16 replies47 likes
10

Ansh Kadam

Founder & CEO at Bui... • 6m

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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0 replies3 likes
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Ashish Singh

Finding my self 😶‍�... • 3m

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

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4 replies12 likes
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Mahendra Lochhab

Content creator • 22d

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.

0 replies3 likes
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Mahesh Jadyar

Hey I am on Medial • 1y

Which is the Indian made app store? PhonePe, owned by Walmart Inc., launches Indus Appstore, a new Android-based mobile application store in India to compete with Google's Play Store. The store offers over 200,000 apps and games in 12 Indian language

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5 replies10 likes

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