India: Flipkart strikes third deal in payments space, buys startup PhonePe

India: Flipkart strikes third deal in payments space, buys startup PhonePe

Photo: Mint

E-commerce marketplace Flipkart Ltd on Friday said it has acquired payments start-up PhonePe Internet Pvt. Ltd, which was launched last December by former Flipkart executives Sameer Nigam, Rahul Chari and Burzin Engineer.

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