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?
The JioHotstar domain is now officially owned by Viacom18, an RIL subsidiary, putting an end to months of legal and commercial disputes.
4 replies3 likes
Chamarti Sreekar
Stealth • 1d
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