Flipkart’s Super.money quietly partners with troubled Juspay as it expands its reach
Flipkart's fintech arm, Super.money, is reportedly seeking to raise funds at a $1 billion valuation. The company has received $50 million in funding from Flipkart so far. Super.money has quietly partnered with the troubled Juspay, a payment gateway service, as it looks to expand its reach. The article suggests that this partnership comes at a time when Juspay is facing challenges, but the details of the partnership are not fully disclosed. The article highlights the growth ambitions of Super.money, which is part of Flipkart's broader strategy to diversify its offerings beyond e-commerce. The article suggests that the fintech arm's fundraising efforts and partnership with Juspay are part of its efforts to strengthen its position in the rapidly evolving digital payments landscape in India.
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