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Flipkart is furiously allocating funds to its logistics and digital payments subsidiaries in a race to the top spot against ecommerce major Amazon India. After the massive $460 Mn funding to Ekart, Flipkart has now committed $500 Mn to its group company, the UPI app PhonePe. The revelation came in just after the recent investment […]
The post UPI App PhonePe Receives Another Funding Boost; Flipkart Commits Investment Of $500 Mn appeared first on Inc42 Media.

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