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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?

windsurf sold for $3 Billion cursor now valued at $9 Billion windsurf bought by OpenAI OpenAi is an existing investor of cursor both are vsCode forks vsCode is owned by microsoft Microsoft owns 49% of OpenAi

There are about 64,600 fuel stations in India. Over 87% of them are operated by government-owned companies like HPCL, BPCL etc.

Famous brands that are owned by other brands

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

All of these big media brand names are owned by Mukesh Ambani.

why are indian angel investors hesitant to support startups in Africa that are owned by indians

Around 2021, many alternative investment platforms like P2P, asset leasing, co-owned real estate, etc., were growing rapidly. However, now the majority of these companies are struggling to attract even a single customer. As Indian investors are becom