Flipkart and PhonePe complete separation

Indian e-commerce giant Flipkart no longer owns a stake in payments firm PhonePe. The two said on Friday that they have completed full ownership separation of PhonePe and shareholders in the Singapore entities of both firms have purchased shares directly in PhonePe’s India entity. The move comes as PhonePe, which was acquired by Flipkart in […] Flipkart and PhonePe complete separation by Manish Singh originally published on TechCrunch...