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This company has acquired Zopper Retail recently.
  • a)
    Myntra
  • b)
    MobiKwik
  • c)
    Paytm
  • d)
    PhonePe
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
This company has acquired Zopper Retail recently.a)Myntrab)MobiKwikc)P...
PhonePe today said it has acquired Zopper Retail as part of its strategy to aggressively ramp up its offline business.

The terms of the acquisition were not disclosed. As part of the deal, Zopper co-founder and CEO Neeraj Jain will join PhonePe as Head of Product, Offline Merchant Solutions, it said in a statement.

Zopper Retail is a hyper local Point of Sale (PoS) platform for small and medium businesses. It had raised over $ 20 million in funding from investors like Tiger Global, Blume Ventures and Nirvana Ventures Advisors.

Zopper’s other business unit ‘Zopper Assure’, which offers extended warranty solutions is outside the ambit of the deal and will continue to operate as a separate entity
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Most Upvoted Answer
This company has acquired Zopper Retail recently.a)Myntrab)MobiKwikc)P...
Flipkart's digital payment subsidiary PhonePe has acquired Zopper Retail - a hyperlocal Point of Sale (POS) platform for small and medium businesses. The acquisition is a part of the company's strategy to aggressively ramp up its offline business. Zopper's CEO Neeraj Jain and the engineering leadership team has joined the team of PhonePe after the acquisition.
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This company has acquired Zopper Retail recently.a)Myntrab)MobiKwikc)Paytmd)PhonePeCorrect answer is option 'D'. Can you explain this answer?
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