WebDec 23, 2024 · Indian e-commerce giant Flipkart no longer owns a stake in payments firm PhonePe. The two said on Friday that they have completed a full ownership separation of PhonePe and shareholders in... WebApr 12, 2024 · Fintech start-up PhonePe has secured $100 million from General Atlantic and its co-investors as part of its ongoing $1 billion fundraiser, reported MoneyControl. Citing people aware of the matter, the report said the latest funding is at a …
Flipkart-owned PhonePe acquires OSLabs in all-cash deal
WebDec 23, 2024 · PhonePe was acquired by Flipkart in 2016. However, Flipkart later hived off PhonePe, partially, as a separate entity, in 2024. PhonePe had then raised $700 million in … WebDec 23, 2024 · E-commerce giant Flipkart and PhonePe on Friday announced the full ownership separation of the digital payments platform, setting the two businesses to chart their own paths and unlocking enterprise value for shareholders. TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH. Subscribe To Insights birch distribution
Hogan Lovells advises PhonePe on its separation of ownership …
WebDec 23, 2024 · Flipkart and PhonePe have announced that they are fully separated now, six years after the e-commerce giant acquired the latter. The separation comes at a time when PhonePe is reportedly in... WebJul 29, 2024 · Flipkart-owned digital payments major PhonePe has announced acquisition of 100 per cent stake in OSLabs, which built the Indus App Bazaar, the Indian alternative … WebApr 12, 2024 · PhonePe's separation from the Flipkart Group, was completed in December last year. Several Flipkart shareholders, led by Walmart, acquired shares in the recent separation. This move will allow both companies to chart their own growth paths, build their businesses independently, and help unlock and maximise enterprise value for … dallas cowboys newborn baby clothes