PhonePe, a digital payment platform backed by Walmart, is taking the Indian market by storm. Its nine-month 2022 revenue surged to a record-breaking $234 million, up from $96 million in the same period a year earlier. This represents a whopping 142% year-on-year growth and highlights the company’s remarkable success in the country. PhonePe was the… Continue reading Walmart-backed PhonePe’s
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Flipkart and PhonePe complete separation
The news of Flipkart and PhonePe completing their separation process was met with mixed reactions from the Indian consumer market, with some welcoming the decision and others expressing concern. Flipkart is an Indian e-commerce giant that got its start in 2007 when it began selling books online. Over the years, they have expanded to become… Continue reading Flipkart and PhonePe complete separation