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Walmart-owned Flipkart likely to sell payments unit PhonePe, says report

Updated : March 27, 2019 08:51 AM IST

The decision will help Walmart ease pressure and pump in additional capital in the market share battle in the payments space: report
The report said that the terms of the deal are not finalised yet and PhonePe is likely to not go ahead with an external fund-raising if it does not get the valuation it wants.
Walmart-owned Flipkart likely to sell payments unit PhonePe, says report

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