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
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?
Since disney hotstar and jio cinema is owned by reliance do you think they'll merge the two apps together
2 replies7 likes
PRATHAM
•
Medial • 7m
It was crazy to know that top leading detergent brands like surf Excel, Rin and wheel are owned by HUL.
5 replies3 likes
Mridul Das
Introvert! • 16d
🚀 Top 15 Countries by GDP Growth (2015-2025) 🌍📊 India's GDP growth is 77% in 10 years.
(Source:-IMF, Inflation-Adjusted)
🏆 Fastest Growing Economies:
🇮🇳 India: +77% ($2.4T → $4.3T)
🇨🇳 China: +74% ($11.2T → $19.5T)
🇰🇷 South Korea: +29% ($1.
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