ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Startups

Flipkart's payment spinoff intensifies rivalry in India

Likes of Alibaba and Facebook keen on sector eyeing large number of untapped consumers

Indian e-commerce group Flipkart competes with Amazon and counts Walmart as a major investor.   © Reuters

BANGALORE -- Competition in India's digital payment sector is set to rise with Walmart's plan to spin off its local unit to raise funds.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more