PhonePe fully separates from parent company Flipkart
Shortpedia
Content Team
Image Credit: bqprime
On Friday, the world's largest online retailer Flipkart disclosed the complete ownership separation of the digital payments service PhonePe. Flipkart and PhonePe are now established as separate entities as a result of the partial separation announced in December 2020, the company said in a statement. The PhonePe Group was acquired by the Flipkart Group in 2016.
