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PhonePe in India! Preparations to bring PhonePe’s headquarters from Singapore to India

PhonePe Headquarter In India: Digital Funds Firm of Walmart Group PhonePe is making ready to maneuver its headquarters from Singapore to India. A supply associated to the matter gave this info.

On the identical time, Flipkart, which holds the most important stake in PhonePe, doesn’t intend to maneuver its headquarters to India and can stay in Singapore. When contacted, a spokesperson for the net fee firm PhonePe additionally confirmed the transfer of the headquarters to India. “We are in the process of moving our registered entity from Singapore to India,” the spokesperson stated. On the identical time, the e-commerce firm has not but responded to the e-mail despatched by Flipkart on this regard.

Regulatory framework wanted to advertise digital banking, NITI Aayog report

Allow us to let you know that there was additionally a rumor concerning the launch of IPO of PhonePe previously. Nevertheless, Sameer Nigam, founder and CEO of PhonePe, rejected the report associated to the corporate’s IPO. (enter language)

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