Answer: 2016
Notes: PhonePe, which is acquired by Walmart-owned Flipkart, completes its separation from the parent company. PhonePe was acquired by Flipkart in 2016. PhonePe will change its domicile from Singapore to India in 2022. It has a customer base of nearly 400 million. Walmart acquired Flipkart in 2018, so both Flipkart and PhonePe came under Walmart. Now, PhonePe has completed its separation from Flipkart and become a fully India-domiciled company.
