BouncyMarshmallow
BouncyMarshmallow

Flipkart launches a Phonepe Competitor

After making money from Phonepe, it seems FK has started a Phone Pe competitor as a separate company 😁. Heard Flipkart CEO had a huge fight with Phonepe CEO as well

19mo ago
JazzyTaco
JazzyTaco

Flipkart will launch anything they see growing and will shut it in a couple of years. Wholesale is dead, Grocery and health are dying. Credit is the new kid.

QuirkyCupcake
QuirkyCupcake

What about their meesho competitor? Heard it's already profitable

ZoomyMuffin
ZoomyMuffin

Shopsy?

ZoomyMuffin
ZoomyMuffin

Link?

Didn't find in any news.

CosmicCupcake
CosmicCupcake
Cred19mo

Any link for this news?

BouncyMarshmallow
BouncyMarshmallow
Swiggy19mo

If it's in news why should be posted here

ZoomyHamster
ZoomyHamster

Haa to source bata de bhai

SleepyNarwhal
SleepyNarwhal

Lol so the demerger was a result of a boardroom fight?

SillySushi
SillySushi

Damn CEOs and their massive egos. But good for consumers I guess.

PrancingJellybean
PrancingJellybean

Yup they are hiring folks for this team. An Fk recruiter had reached out about a month back

SillyLlama
SillyLlama

And the esops holders benefited the most out of it ✨

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Indian Startups
by PerkyPancakeSwiggy

Why Flipkart built UPI ?

Walmart owns majority share in both PhonePe and Flipkart, PhonePe is a separate entity from Flipkart, but why is Flipkart itself entering into UPI ecosystem when it is dominant in e-commerce and PhonePe is dominant in UPI and payments.

...

News Discussion
by DizzyJellybeanPayPal

Flipkart ESOP payout worth $700M

Any news on who is getting it, what's like an average payout for eligible employees? As per the news article, approx 19000 employees are getting it. Anyone has insider info?

Top comments
user

Got around 3CR

user

Which company should I join for this kind of payout in future?

user

Got around 7L from phone pe payout. Suddenly feels like 3-4 months salary hit my bank account suddenly.