Softbank also invested in Flipkart $2.5B which till date is huge loss making entity. But they dumped that crap on to Walmart and made a chunk of profit. Else it would be another dent on this poor vision fund.
PhonePe has not made any money so far as well and its valuation itself is questionable. But word is Walmart is looking into hiving off PhonePe from Flipkart and reduce its stake in PhonePe when sun is shining.
