If they are owned by Walmart now, will they IPO here or there?
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Chamarti Sreekar
Passionate about Pos...ย โขย 1m
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.
๐Just take a look.
PhonePe (Owned by Walmart, USA) โ 48.9%
Goog
Entirely owned by the Kamathโs :o Valued at 30000 Cr. Bootstrapped. Are they the most successful entrepreneurs of India?
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Ashish Singh
Finding my self ๐ถโ๏ฟฝ...ย โขย 2m
๐Flipkart 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,
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mg
News & updatesย โขย 1m
Zomato owned Blinkit will now deliver apple Macbooks, ipads and watches in just 10 minutes
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Somen's 8D world
Hey I am on Medialย โขย 10m
Have you noticed chatgpt response are changed. it is worst now compared to other large language models. or it is a openAI tactics to convert users paid one.
if so then they will face it the hard way, as there are even good models out there with web s