Flipkart has reportedly acquired Bangalore-based mobile payment startup PhonePe for an undisclosed amount. PhonePe was conceptualised in 2015 by former Flipkart employees Sameer Nigam, Burzin Engineer and Rahul Chari. The startup is a mobile payments app (to be launched) that allows users to transfer money instantly from their smartphones by using their unique identification number […]
The post Updated: Flipkart Acquires Mobile Payments Solution Startup PhonePe appeared first on Inc42 Magazine.