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Their growth is real! I remember when Flipkart announced it, Medial users were kinda skeptical about it's growth. But fast forward 9 months, it's the 5th most used upi app even surpassing cred. I still can't understand how they did it. Maybe by using Flipkart's existing user base, but nonetheless, the growth is Crazyyy
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Dexter Capital Advisors • 1y
Navi’s 10x jump in UPI is no big deal 🙏🙏 Many social media posts have already declared Sachin Bansal-led Navi the next big thing in UPI. Why? It stormed from 3mn UPI transactions in March to 30mn in May. But, to be honest, that’s pretty naive. H
See MoreBelieve me, it’s not... • 1y
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
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