Walmart's Flipkart to spin off digital payments business
https://www.reuters.com/article/us-india-walmart/walmarts-flipkart-to-spin-off-digital-payments-business-idUSKBN28D0PZ
Walmart Inc-controlled Indian e-commerce firm Flipkart said on Thursday it was partially spinning off PhonePe to widen the digital payments platform's access to capital to fuel its growth.