Flipkart hives off PhonePe, pumps in $700 million, pushes valuation to $5.5 billion
newsdepo.com
The Flipkart board had cleared the move back in March 2019, but the hive-off is happening only now. This will enable PhonePe to raise more capital for the long term.Flipkart hives off PhonePe, pumps in $700 million, pushes valuation to $5.5 billion
The Flipkart board had cleared the move back in March 2019, but the hive-off is happening only now. This will enable PhonePe to raise more capital for the long term. Read more