Flipkart has launched its own UPI handle for Android users, integrating loyalty features such as supercoins, cashbacks, milestone benefits, and branded vouchers. Despite being majority owned by Walmart, Flipkart and PhonePe are separate entities with expanding business paths. Flipkart Internet received a cash infusion of about Rs 924 crore ($111 million) from related entities based in Singapore in January.
Flipkart, in collaboration with Axis Bank, has launched a new UPI handle. It offers users a convenient way to make payments, transfer funds, and earn rewards like Supercoins. #Flipkart #AxisBank #UPI https://t.co/YjIA4U4Mv0
🚨💰 Flipkart Internet, the marketplace arm of Walmart-owned ecommerce firm #Flipkart, received a cash infusion of about Rs 924 crore ($111 million) in two parts from its related entities based in Singapore in January, regulatory filings with the Registrar of Companies showed.
In July last year, @AnandJRAnand did an excellent piece on the criss crossing paths of Flipkart and PhonePe, as each is expanding into the other's business. While both are majority owned by Walmart, they are separate entities https://t.co/5l1476jWcA https://t.co/lCtOQumpek
Comments asking why Flipkart needs this when PhonePe was its acquisition and still part of the Walmart group. Companies trying to drum up headlines find willing partners in news media. https://t.co/7qdngleqCH
.@Flipkart launches Flipkart Unified Payment Interface (UPI) to bolster its #digitalpayment options for customers, integrating loyalty features such as supercoins, cashbacks, milestone benefits, and branded vouchers. Read More 👇 https://t.co/Af9cj4Ue2Y. https://t.co/f1v8K3FjCg
Flipkart launches its own UPI handle for Android users #FlipkartUPI #Flipkart https://t.co/YjIA4U4Mv0