Flipkart Acquired Third Payments Start-up PhonePe
Bengaluru, 1st April 2016: Flipkart Ltd, India’s leading E-commerce platform has acquired payments start-up PhonePe Internet Pvt. Ltd.. The startup was launched last December by former Flipkart executives Sameer Nigam, Rahul Chari and Burzin Engineer. The amount of the deal is not confirmed yet but according to sources, the deal size is between $10 million […]