Flipkart’s PhonePe Acquires POS platform Zopper Retail

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. 
Source- The Hindu Business Line