Back

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

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

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

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

Can Tiny Walmart survive against the big guys? 🤔 This was the headline in a newspaper in July, 1962. But now, who's the big guy? 💪 (P.S: What do you think made Walmart what it is today?)