PhonePe Headquarters In India: Digital Payments Company of Walmart Group PhonePe is preparing to move its headquarters from Singapore to India. A source related to the matter gave this information.
At the same time, Flipkart, which holds the largest stake in PhonePe, does not intend to move its headquarters to India and will remain in Singapore. When contacted, a spokesperson for the online payment company PhonePe also confirmed the move of the headquarters to India. "We are in the process of moving our registered entity from Singapore to India," the spokesperson said. At the same time, the e-commerce company has not yet responded to the e-mail sent by Flipkart in this regard.
Let us tell you that there was also a rumor about the launch of IPO of PhonePe in the past. However, Sameer Nigam, founder and CEO of PhonePe, rejected the report related to the company's IPO.