Flipkart has announced a partial spin-off of digital payments platform PhonePe. Flipkart acquired PhonePe as a mobile payment start-up back in 2016 and launched the services in the same year. After four years, PhonePe has crossed the 250 million registered user users and has over 100 million monthly active users (MAU). “Recognizing the momentum that … Continue reading "Flipkart to partially spin-off PhonePe, valued at $5.5 Billion after raising $700 million"
Thursday, 3 December 2020
Flipkart to partially spin-off PhonePe, valued at $5.5 Billion after raising $700 million
Flipkart has announced a partial spin-off of digital payments platform PhonePe. Flipkart acquired PhonePe as a mobile payment start-up back in 2016 and launched the services in the same year. After four years, PhonePe has crossed the 250 million registered user users and has over 100 million monthly active users (MAU). “Recognizing the momentum that … Continue reading "Flipkart to partially spin-off PhonePe, valued at $5.5 Billion after raising $700 million"
