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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?

Walmart-backed PhonePe has transitioned into a public company, a significant move toward launching its initial public offering (IPO). According to its regulatory filing, the startup received shareholder approval during an extraordinary general meeti

PhonePe IPO Is Coming! • PhonePe is planning an IPO to raise capital at a valuation of $8-10 billion. • In 2023, PhonePe raised $200 million from Walmart at a pre-money valuation of $12 billion. • PhonePe dominates the UPI payments business with a

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

UPI Market Share,December 2024 1- PhonePe - 47.7% 2- Google Pay - 36.7% 3- Paytm - 6.87% 4-Others - 8.73% Phonepe alone have almost 50% market share.

A few days ago, Flipkart introduced its new UPI service, Supermoney. ⏮️The interesting part: Let's go back a few years - Dec, 2015: 3 former Flipkart exec's start PhonePe. Apr, 2016: Flipkart acquires PhonePe for $20 M. Aug, 2018: Walmart acquires

Ola Electric has recently been granted approval by SEBI to launch an IPO, making it the first electric two-wheeler manufacturer in India to achieve this milestone. Can anyone provide me more information about Ola Electric's IPO plans and how it wil

🚨 Market Share of UPI Apps (July 2024) • PhonePe - 48.3% • Google Pay - 37% • Paytm - 7.82% • Others - 6.88% CRED is Now The 4th Largest UPI Player.

Is adding UPI deep links in an app (where users can scan existing merchant QR codes, enter amount, and pay via their UPI app) legal, or do I need an RBI license or Payment Aggregator approval for this?

What will be the future of Paytm? Paytm is First Mover But now phonepe has 47.2% share of UPI transactions