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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?

Flipkart Swiggy and Zomato are backed by sequioa capital

Flipkart, the ecommerce powerhouse backed by Walmart, is said to be strategically scaling back the expansion of its rapid delivery service, Flipkart Minutes. This adjustment reportedly focuses its reach on the six to eight largest metropolitan areas

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

E-commerce giant Flipkart is shifting its holding company from Singapore to India, a big step ahead of its planned IPO in the next 12–15 months. The Walmart-backed company, currently valued at $36 billion, has already secured internal approvals for

So after meesho Flipkart is also going to be profitable. But the intresting thing is phonePe is also on path to be become profitable

The significant growth in Walmart International's advertising arm during the first quarter ended April 30, 2025, was largely fueled by Flipkart's strong performance. Walmart CFO John David Rainey noted in the earnings call, "... Our advertising bus

The creators of USDT have announced a new cryptocurrency backed by gold - aUSDT. 🪙 Alloy will become an entire pool of currencies backed by precious metals. The first in the pool is the aUSD₮ token. Its value is $1, but there's a twist. The token i

Developed by two.ai backed by jio Try it : chat.two.ai

Zepto is in a very tough situation nowadays. Their main business of instant grocery delivery is fast losing money, their biggest investor Y combinator just stopped growth stage fund YC Continuity. They have to see other investors or IPO but for ipo t