Walmart-Backed Flipkart Invests $30 Million in Fintech Arm Supermoney
PositiveTechnology

Walmart-backed Flipkart is making a significant move by investing $30 million in its fintech arm, Supermoney. This investment highlights Flipkart's commitment to expanding its services into lending and stock broking, which could enhance its competitive edge in the e-commerce market. As more consumers turn to digital financial services, this strategic push not only strengthens Flipkart's portfolio but also reflects the growing importance of fintech in India.
— Curated by the World Pulse Now AI Editorial System