Iโve noticed that even though we have Indian apps like Paytm and PhonePe, a lot of customers still prefer using Google Pay. It makes me wonder why foreign companies still have such a strong hold in India.
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
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
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
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5 replies10 likes
Vaibhav Babruwan Shingde
Studentย โขย 1m
๐ฃ๐ต๐ผ๐ป๐ฒ๐ฃ๐ฒโ๐ $๐ญ๐ฑ๐ ๐๐ฃ๐ข: ๐ง๐ถ๐ด๐ฒ๐ฟ ๐๐น๐ผ๐ฏ๐ฎ๐น & ๐ช๐ฎ๐น๐บ๐ฎ๐ฟ๐โ๐ ๐๐ถ๐ด ๐๐ฒ๐ !
โข PhonePe is planning to raise approx . $1โ2 billion at a valuation of $15 billion via an IPO.
โข In FY24, PhonePe reported โน5,064 crore in revenue, with a
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2 replies4 likes
Rohan Saha
complicated Investorย โขย 4m
Around 2021, many alternative investment platforms like P2P, asset leasing, co-owned real estate, etc., were growing rapidly. However, now the majority of these companies are struggling to attract even a single customer. As Indian investors are becom
In 2024, Flipkart raised $350 million from Google as part of a funding round led by Walmart, bringing the total for this round to approximately $950 million. This investment aims to enhance Flipkart's digital infrastructure and expand its grocery bus
If anyone is interested to revolutionize the snack industry by replacing the unhealthy snacks into healthy and nutritional benefits snacks. Ping me on my instagram @arquam_rahmani_ ASAP, I have a great startup idea that you can never deny. I need Co
If anyone is interested to revolutionize the snack industry by replacing the unhealthy snacks into healthy and nutritional benefits snacks. Ping me on my instagram @arquam_rahmani_ ASAP, I have a great startup idea that you can never deny. I need Co
Volt Money Partners PhonePe To Offer Loans Against MFs
- Partnership Announcement: Volt Money has partnered with PhonePe to offer loans against mutual funds through the PhonePe app, with loan sizes ranging from INR 25,000 to INR 5 Cr.
- Integration
