A famous company will move from Singapore to India..!?

Sowmiya Sriram
A famous company will move from singapore to India..!?

PhonePe, which has its headquarters in singapore, has confirmed through a statement that it is going to shift its headquarters to India. It is noteworthy that PhonePe, the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital payment company of Walmart Group, was managing its headquarters in singapore until now, but due to some administrative reasons, it is planning to shift its headquarters from singapore to India. It is noteworthy that one of the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital payment companies is PhonePe and its service is available all over India. It is noteworthy that even vegetable shop owners are using the PhonePe service on the platform and thus the public is easily transferring money digitally.
In this situation, PhonePe has been providing its services all over the world with its headquarters in singapore, but now it has announced that it is going to shift its headquarters from singapore to India. But at the same time, PhonePe's partner flipkart is said to continue to be headquartered in Singapore.
A PhonePe spokesperson said in a recent interview that they are in the process of shifting their headquarters from singapore to india and confirmed that their headquarters will shift to india in a few months. But at the same time, PhonePe's e-commerce arm flipkart will remain headquartered in singapore and there will be no change.
Although PhonePe has not disclosed the reason for shifting its headquarters from singapore to india, india has welcomed PhonePe's decision. Currently, PhonePe has 250 million users in india, and more than Rs 100 million are transferred through the PhonePe app every month.
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