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Walmart owned UPI payment giant PhonePe to enter Indian share market soon! Currently very basic proccess of IPO (Initial public offering) works are going on from PhonePe side. When PhonePe gets complete approval from SEBI, They share their complete

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?

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

🚀Flipkart is preparing for an initial public offering (IPO) expected by the end of 2025 or early 2026. The Walmart-owned e-commerce giant, currently valued at $36 billion, has secured internal approvals to shift its domicile from Singapore to India,

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

Zomato owned Blinkit will now deliver apple Macbooks, ipads and watches in just 10 minutes

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