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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?

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

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

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

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

Which is the Indian made app store? PhonePe, owned by Walmart Inc., launches Indus Appstore, a new Android-based mobile application store in India to compete with Google's Play Store. The store offers over 200,000 apps and games in 12 Indian language

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

🚀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,

Google Play Store VS Indus App Store Recently Google Play Store had been in the news for allegedly abusing its dominant position in app markets. I personally after hearing that stopped using Google Play Store and instead switched to India's Own Ap