Thursday, December 3, 2020

Flipkart partially spins off PhonePe in $700 million fundraising round

E-commerce major Flipkart on Thursday announced a "partial spin-off" of PhonePe as the digital payment firm raises USD 700 million in funding - valuing it at USD 5.5 billion.

from Gadgets Now https://ift.tt/3g58bba

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