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Udyamee

Stealth • 6m

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?

14 replies16 likes
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VCGuy

Stealth • 5m

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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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

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Vinayak Shivanagutti

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Ansh Kadam

Stealth • 3m

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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Vaibhav Babruwan Shingde

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As you see in the picture , UPI is skyrocketing since 2016 to 2024 to approx . 8B transactions . • companies like Phonepe,Google pay are dominating the market with atleast 80% market share , Paytm market share fall from 13 to 9%. • Government will

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