Flipkart announces spin-off of PhonePe, to remain majority shareholder
Sanjay Verma Thursday 3rd of December 2020 03:30 PM
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PhonePe, which competes with Alibaba-backed homegrown payments pioneer Paytm and GooglePay, will raise $700 million in primary capital, Bengaluru-based Flipkart said in a statement.
Read more: HINDUSTANTIMES.COM
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