Flipkart's payments arm PhonePe may raise funds separately to catch up with Paytm. If PhonePe also gets more strategic investors outside Walmart, it may look to raise up to $1 billion sometime next year.
2 min read1 Oct 2018The commitment of $500 million investment is in addition to the $75 million infused by Flipkart in PhonePe since the acquisition in 2015
2 min read13 Oct 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared