Big blow to Flipkart due to PhonePe becoming a separate company
Flipkart: The valuation of e-commerce company Flipkart has decreased by five billion US dollars or approximately Rs 41,000 crore in two years. This information has been received from the equity transactions of its American-based parent company Walmart. According to the change in Walmart’s equity structure in Flipkart, the valuation of the e-commerce company was $ … Read more