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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?

Udyamee

Stealth • 5m

In the FMCG case, same company often has many brands, but they target different classes of people. So, I think it's not the same situation.

1 replies1 like
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