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PhonePe completes separation from Flipkart

Bengaluru (Karnataka) [India], December 23 (ANI): Flipkart and PhonePe on Friday announced the full-ownership separation of PhonePe, India’s leading digital payments platform, from the e-commerce giant.
Establishing these businesses as individual entities will allow both to chart their own growth paths, as they continue building industry-leading offerings that provide access and inclusion for Indians, the joint statement